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.
Reopening Quashed—AO Recorded Wrong Facts, Wrong Amounts & Even Wrong Name;
ITC and Retrospective Cancellation of GST Registration
SC Pulls Up Department for Procedural Delay: Condonation Allowed as Special Case
Wrong FMV Date and Cost Basis: ITAT Reverses AO’s Computation of Capital Loss
Karnataka HC Quashes Reassessment Notices Issued Beyond Section 151A Scope
ITAT Upholds 14A Satisfaction but Limits Rule 8D to Dividend Investments
Approval u/s. 153D granted in mechanical and consolidated manner is invalid
Delay in Filing Form 10B Attributable to CA Oversight Condoned by Bombay HC
Combined Mechanical Section 148B Approval for Six Assessees Quashed by ITAT Delhi
75-Day Delay Condoned as Assessee Relied on Negligent Consultant; 144 Order Restored
Misrepresentation on Email Communication—Ex-Parte CIT(A) Order Set Aside with ₹10,000 Cost
Entire ₹11 Lakh Cash Deposit Addition Deleted on Full Explanation
Reassessment Declared Void as AO Skipped Mandatory Section 143(2) Notice
Delay in Form 10B Filing Is Curable; Section 11 Relief Allowed by ITAT Pune
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.
