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.

No 65B Certificate, No Case: Bombay HC Quashes Cash Addition Based on Mobile Notes

Income Tax Addition Quashed for Non-Consideration of Submitted Proofs

Exempt Salary Under DTAA Does Not Trigger Black Money Act: ITAT Chennai

Return Filing Not Mandatory for Section 10(23BBA) Exemption: ITAT Bangalore

Assessment Remanded as Assessee Denied Fair Hearing on Demonetisation Cash Deposit

Tribunal Condones Absence During Audit Rush, Orders Fresh Assessment

ITAT Jaipur Allows Section 54B Deduction for Investment in Spouse’s Name

ITAT Jaipur quashes Reassessment Beyond Six Years for Being Time-Barred

Tribunal Accepts Non-Tech Savvy Assessee’s Plea, Condoning Delay & Ordering Reassessment

ITAT Jaipur Remands ₹4.11 Crore Addition Case for Fresh Verification Due to Rule 46A Violation

Substantial Justice Prevails Over Technical Delay – 4-Day Appeal Delay Condoned

Section 54 Deduction Eligible on Actual Investment, Not Ownership Share ITAT Mumbai

ITAT Bangalore Sets Aside Non-Speaking Order Passed Without Proper Notice to Assessee

ITAT Bangalore Deletes ₹80 Lakh Addition Made for Non-Filing of Form 10 in Wrong Year
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.
