Income Tax
Log in to FollowLatest Income Tax news, articles, notifications, circulars and case laws covering ITR, assessments, deductions, TDS, capital gains, tax audit, appeals and compliance.
AO’s Suspicion Not Enough: ITAT Deletes Section 68 ‘Accommodation Entry’
Suspicion Isn’t Proof: ITAT Surat Deletes Unexplained Money Addition
JAO and FAO Have Concurrent Power to Issue Reassessment Notices: Delhi HC
Non-Speaking Order Struck Down – ITAT Sends Capital Gain Appeal Back to CIT(A)
Section 44AD on Govt Charges? ITAT Pune Remands Stamp Duty Facilitator Case
TOLA Can’t Extend Section 148 Timeline: Rajkot ITAT Quashes Reopening
Penalty Falls with Quantum: Rajkot ITAT Deletes 271B After Base Addition Removed
JAO-Issued Reassessment Notices Quashed for Violating Faceless Scheme
Exemption Under Section 54F Allowed for Multiple Flats by Madras HC
Section 80HHC Granted as Exporters Below ₹10 Crore Must Be Treated Same as Large Exporters
No Firm, No Assessment: ITAT Mumbai Strikes Down 147 on Dissolved Partnership
No Section 270A Penalty When Cess Claim Made in Good Faith and Withdrawn Post-Amendment
Turnover Understatement Without Books Rejection Still Allows Estimation
Assessment Reopening Quashed Due to Defective Reasons and Roving Inquiry
Income Tax is TaxGuru’s extensive resource for developments under India’s direct tax laws. This category covers Income-tax provisions, rules, notifications, circulars, instructions, judicial decisions and practical compliance issues. Readers can explore articles and case laws on income-tax returns, assessments, reassessment, deductions, exemptions, capital gains, business income, TDS and TCS, tax audit, penalties, appeals, international taxation and other direct tax matters. The category also covers important CBDT announcements, tax deadlines, return filing developments and changes affecting individuals, businesses and other taxpayers. Chartered Accountants, advocates, tax professionals, companies and taxpayers can use this section to follow legislative, administrative and judicial developments and research important Income Tax issues and precedents.
