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 Remands Unexplained Opening Cash Issue to AO for Bank Withdrawal Verification
Delay Condoned for Police Official on Special Duty; Appeal Restored for Merits
Section 69 Addition Deleted as Property Investment Fully Funded from Foreign Salary
HC Deletes ₹10 Cr Addition: “Bogus” Loan Claims Rejected Due to Lack of Incriminating Material
CIT(A) Free to Verify Evidence: ITAT Delhi Rejects Rule 46A Objection—All Disallowances Deleted
ITAT Delhi Quashes Reopening for Wrong AY, No Failure to Disclose & Mechanical Approval
80G Rejection Set Aside: ITAT Indore Remands Matter—Paper-Bag Activity Held Not Automatically ‘Business’
Transfer Pricing Adjustment Overturned Due to Improper Comparable Selection
No Tax, No Under-Reporting: ITAT Mumbai Deletes 270A Penalty on Mere Re-classification of Loss
ITAT Restores ₹15 Crore Cash Addition: CIT(A) Failed to Seek Remand Report & Violated Rule 46A
Section 69 Addition Deleted as Investment Was Fully Recorded in Books
Capital Gains Reassessment Invalid Due to Improper Section 55A DVO Reference
Penalty Quashed as AO Failed to Record Satisfaction Under Section 270A
Revision u/s 263 Quashed: No Specific Error Identified by PCIT
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.
