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.

Valuer’s Report Ignored: ITAT Sends Case Back for Fair Market Re-Computation

ITAT Mumbai Deletes ₹4.11 Crore Section 14A Disallowance Against Aishwarya Rai

No Coercive Recovery During Pendency of Appeal in Reassessment Case: Madras HC

Debatable Issues No Basis for Penalty Under Section 271(1)(c): ITAT Mumbai

ITAT Orders 8% Presumptive Income for Unsubstantiated Transport Claims

Delay in filing audited report due yo auditor’s mistake cannot invalidate exemption u/s. 11 and 12

ITAT Quashes Time-Barred Section 271C Penalty on NHAI after Quantum Section Deletion

Faceless Assessment Notices After Limitation Held Invalid by Delhi HC

Bombay HC Stays TDS Demand on TDR Compensation under Section 194LA

Exemption Denial Due to Clerical Error Sent Back for Fresh Hearing: ITAT Ahmedabad

PCIT Cannot Recast Business Disallowance as Unexplained Expenditure Under Section 69C

Reassessment Notice Against Deceased Person Declared Null by Gujarat HC

CIT(E) Cannot Reject 12AB Registration Based on Profit or Financial Analysis

Penalty Proceedings to Wait Till TDS on Foreign Freight Issue Decided: Madras HC
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.
