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.

ITAT Delhi Annuls Reopening Email Notice as Time-Barred Under TOLA

Mere NMS-triggered email alert without basis cannot justify reassessment: ITAT Delhi

Salary for Managing Multiple Bank A/cs Allowable u/s 57: ITAT Kolkata

Investments Accepted in Earlier Scrutiny Cannot Be Treated as Bogus u/s 68 on Sale

Compulsory Acquisition of Agricultural Land for Development Authorities & Applicability of Section 10(37)

Alibaba Subscription Fees Not FTS, Platform Is Mere Standard Facility: ITAT Mumbai

ITAT Mumbai condones 4,855-Day Delay Due to Non-Service of Appellate Order

Set-Off of LTCL & STCL Against LTCG Cannot Be Denied Merely Because Tax Rates Differ

Section 14A Disallowance Deleted for Mechanical Application & Lack of AO Satisfaction

AIR Additions Without Disclosure Invalid; Assessment Remanded for Fresh Hearing

Technical Error in Schedule BP Cannot Justify Retaining 143(1) Adjustment 143(3) After Scrutiny

Business Profit or Royalty? A Practical Framework for Taxing International Payments

Reassessment Orders Quashed for Notices Issued to Deceased Assessee

Section 68 Cannot Apply to Household Support from Husband: ITAT Hyderabad
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.
