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.

Family Settlement: Concept, Scope & Relevance under Income-Tax Law

Madras HC Quashes Income Tax Notices Issued by JAO Instead of FAO

ITAT Deletes ₹18.47 Lakh Demonetization Cash Addition, Citing Double Taxation

Transfer Pricing Adjustment of Rs. ₹445 Crore quashed against Netflix India

Addition towards bogus accommodation entry of LTCG deleted as primary onus discharged

No Hypothetical Income Can Be Taxed: Bombay HC on Cancelled Land Sale Agreements

Reassessment held invalid as approval u/s. 151 granted in mechanical manner

Penalty u/s. 270A quashed as specific limb u/s. 270A(9) not specified

Manner of Revision of Tax Audit Reports under Income-tax Act, 1961

ITAT Delhi Quashes 153C Assessments for Lack of Specific Satisfaction Note

ITAT Surat Restores Trust’s 12A Registration Plea After Ex Parte Rejection by CIT(E)

ITAT Mumbai Allows Retrospective 5% Tolerance Relief Under Section 56(2)(x)

Section 69A Addition Unsustainable When Sales Already Taxed: ITAT Ahmedabad

ITAT Chennai Remands Case on Reopening Validity for AY 2015-16 to CIT(A)
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.
