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.
New vs Old Tax Regime: Which One Honestly Works Better for You?
Unexplained investment addition relying solely upon unverified excel sheet and loose sheet cannot be sustained
Reopening of assessment for wrong year is illegal and unsustainable
ITAT Mumbai Deletes ₹1.26 Cr Income Addition for Lack of Income Character
ITAT Delhi Strikes Down 271DA Penalty for Missing Satisfaction in Assessment Order
FEMA Penalties Reduced Despite Hawala & Undervaluation: Tribunal Partly Relieves Family
Shareholding Dilution from Fresh Issue Does Not Trigger Capital Gains: ITAT Delhi
ITAT Mumbai Condones Delay of Housewife-Assessee & Remands Matter to CIT(A) for Fresh Disposal on Merits
Transfer order u/s. 127 made without serving notice upon assessee is invalid and inoperative
Disallowances Sustained Due to Lack of Evidence Against CIT(A)’s Verification
ITAT Deletes 36(1)(iii) Interest; Remands Rent/Salary for Verification
ITAT Dismisses Revenue’s 14A, TDS & LTCG Grounds Against PNB
ITAT Quashes Reassessment After 3 Years for Invalid Sanction
ITAT Restores Appeal Against NFAC’s “No Appeal Lies” View on 143(3)
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.
