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.

Scrap Sales Demonetization Cash deposit Addition reduced from ₹1.66 Cr to ₹8 Lakh

Bond Redemption Not Black Income: ITAT Rejects Revenue’s USD 3.2 Million Claim

Reassessment Notice invalid if approved by JCIT instead of Pr.CIT after four years

Behind Bars, But Not Beyond Justice: Ex-Parte Orders Set Aside as Assessee Was in Prison

No 143(1) Show-Cause Issued: ITAT Quashes ₹5.73 Cr Demand for TDS Mismatch

ITAT Deletes ₹5.89 Cr Addition, Retains ₹25 Lakhs: Cash Sales Not Taxable Under 68/115BBE

TP on Captive Software Services – Dissimilar Giants Excluded, Adjustment Removed

5-Day Delay & Missing Notarised Affidavit: ITAT Chennai Dismisses BMA Appeal

DTVSV Accepted – 263 Quashed: ITAT Pune Holds CIT(E) Cannot Revise After Issuing Form-4

Appeal Dismissed: No Additional Evidence Filed Under Rule 46A

Urban Improvement Trust being State within Article 289(1) not covered under Income Tax Act

ITAT Delhi Quashes Section 147 and 148 Proceedings Over Improper Section 151 Sanction

ITAT Ahmedabad Rejects 263 Revision Over Proper AO Verification

ITAT Delhi Invalidates 153A Assessments for Lack of 153C Satisfaction
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.
