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.
PCIT rightly invoked revision u/s. 263 as trade scheme payment not verified accurately
Bogus Purchase Additions Restricted to Profit Margin: Bombay HC Ruling
Proper Disclosure & Legitimate Source Bar Black Money Assessment of Foreign Investments
ITAT Mumbai Quashes Black Money Addition on Inherited Funds
Penny Stock Addition Deleted: ITAT Voids Section 153A Assessment Without Incriminating Material
ITAT Deletes ₹1.86 Cr Addition: Section 69A Not Applicable to Recorded Unsecured Loans
ITAT Bangalore Upholds 154 Rectification for Non-Rural Bad Debts u/s 36(1)(vii)
Interest Disallowance Deleted as Assessee proves Mutual Fund Investment from Own Funds
Legitimate Tax Planning Not Evasion: ITAT Affirms Presumptive Tax on Truck Business
ITAT Deletes Addition for Cash Deposits During Demonetization from Proven Sources
Section 40(a)(ia) Disallowance Remanded While Subcontract Expenses Upheld
Rs.1.02 Cr Addition Deleted as Loan Was Genuine & Used for Business Repayment
Taxable Salary Income: Old vs. New Regime – Section 115BAC
ITAT Mumbai deletes Addition Over Denial of Cross-Examination in Accommodation Entry Case
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.
