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.
TDS Non-Deduction on LTC Under Court Stay Cannot Trigger Section 201 Liability: Kerala HC
Faulty Video Link Sent At 3AM which Prevented Hearing: Appeal Order Quashed
Tax Appeal Quashed as New Circular Raises Monetary Limit to ₹2 Crore for HC Filing
Order Passed Without Granting Time to Clarify Form 26A Details Quashed by Madras HC
ITAT Orders Fresh Review After ULIP maturity receipt Exemption Claim Not Examined
Service of notice was mandatory before Income Tax Reassessment therefore, penalty u/s 271(1)(b) was quashed
Cancellation of registration of trust u/s. 12AA for mere delay in filing of return is not justifiable
Amount paid for cancellation of agreement without contractual obligation is rightly disallowed u/s. 48
No Coercive Action in Fake ITC Cases When Assessees Cooperate: Chhattisgarh HC
Chapter VIA Income Tax Deductions (Section 80C to 80U ) & Common Mistakes
Share Premium Addition Quashed; DCF Valuation Cannot Be Replaced Without Specific Errors
ITAT Remands Inventory Write-Off Dispute Due to Non-Consideration of Evidence
Income Tax Assessment Set Aside for Violating Seven-Day Notice Requirement
Kerala HC Stays Recovery Pending Stay Petition in Income Tax Penalty Case
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.
