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.
Reassessment Notice Issued Beyond Surviving Time Held Invalid: Gujarat HC
Section 40(a)(ia) Not Applicable to Capital Expenditure: ITAT Nagpur
Business Expenses Allowable from Partner’s Remuneration Income: ITAT Delhi
ITAT Ahmedabad Dismisses Appeals After Repeated Non-Appearance by Assessee
ITAT Delhi Sets Aside Reassessment Issued by Wrong Jurisdiction Officer
Penalty Under Section 271F Deleted as Income Tax Return Filed Within Time
CBDT Circular Cannot Deny Income Tax Refund When ITR Delay Justified: Madras GC
Communication of ITAT Order to CA Does Not Constitute Service on Assessee: Bombay HC
Single blanket approval under Section 153D for multiple years is invalid: ITAT Delhi
No Penalty for Genuine Oversight in Foreign Asset Disclosure: ITAT Chandigarh
Assessment u/s 153A passed with prior approval u/s 153D cannot be revised
Reassessment Set Aside as Notice Issued by Jurisdictional Officer, Not Faceless Unit
Deeming fiction of section 50 cannot change long term assets to short term capital assets
Section Registration 12AB Cannot Be Cancelled for Past Alleged Misdeeds: ITAT Delhi
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.
