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.
Tax Appeal Allowed After Misinterpretation of Filing Deadline
Jurisdiction Fatal When 148 Notice Is in Name of Deceased Assessee
Set-Aside Assessment Cannot Trigger Penalty on Accepted Income
Addition Deleted Because Recorded Sales Cannot Be Taxed Again Under Section 68
Reassessment Quashed for Using Section 147 Instead of Mandatory Section 153C
Revenue Appeal Dismissed: Cooperative Bank Income Deductible Under 80P(2)(d)
60% Tax Disallowed Because Higher 115BBE Rate Applies Only From AY 2018-19
Tribunal Rules Cash Sales Deposits Are Not Unexplained During Demonetization
NRIs, Tax Reform and Treaty Issues in India’s New Tax Regime
ITAT Holds Dismissal Invalid Where Assessee Not Heard on Section 249(4)(b) Requirement
CIT(A) Cannot Dismiss Appeal for Non Prosecution – Matter Remanded for Fresh Adjudication
Tribunal Rejects Recall Request for Lack of Apparent Error
ITAT Cuts Demonetisation Addition After Finding Books Reliable
HC Rejects Section 14A Disallowance Due to Absence of Exempt Income
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.
