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.
Objections Not Disposed = Reopening Void: ITAT Delhi Affirms CIT(A), Quashes 147 Assessment
Employee Cannot Be Taxed for Employer’s TDS Default: ITAT Kolkata
PCIT’s 263 Revision on Interest-Free Loan to Partner Invalid as AO Made Due Enquiry
Labour Union Payment Held Business-Driven: ITAT Mumbai Allows Deduction u/s 37(1)
Section 153C Notices Beyond 10 Years Invalid: ITAT Delhi Quashes Assessments
Notice by Jurisdictional AO, Assessment by NFAC Held Invalid: ITAT Quashes Entire 147 Proceedings
Reopening on Mere Suspicion and Vague Copy-Paste Reasons Held Invalid
ITAT Delhi Quashes Reopening for Invalid Section 151 Approval
ITAT Mumbai Quashes Reassessment as Notice Issued by Non-Jurisdictional AO
LTCG Addition Remanded as CIT(A) Failed to Allow Rebuttal Opportunity
100% Addition Upheld for Bogus Purchases After Failure to Prove Genuineness
CBDT Clarifies Procedure for MAP Outcomes in Pending Appeals
ITAT Kolkata: 40(a)(ia) Disallowance Deleted for TDS @2% on DTP/Composing Work
Change of Opinion Cannot Justify Reopening: ITAT Quashes 147
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.
