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.
ITAT Quashes Section 263 Revision for Exceeding Limited Scrutiny Scope
ITAT Delhi Upholds Deletion of ₹22.38 Cr Interest Disallowance – Advances Held Business-Driven
Suspicion Can’t Replace Proof – ITAT Ahmedabad Upholds Deletion of ₹63.85 Lakh Addition u/s 68
Delhi HC’s Scrutiny of CBDT’s Transfer Pricing Exclusion in Extension of due date
Mechanical Reopening Without Considering Reply Invalid: Delhi HC
Interest on Escrow FDs Taxable Despite Agreement Cancellation: ITAT Pune
Computation Error Isn’t Misreporting: ITAT Deletes 270A Penalty on 54F Claim
Transfer of Case Within Same City Needs No Fresh Notice: ITAT Upholds Reassessment
Agricultural Land Beyond 8 km Limit Not Taxable as Capital Asset: ITAT Indore
Donation & Salary Kickback: ITAT Ahmedabad Partly Upholds Additions
Typo Error in Recorded Reasons Doesn’t Invalidate Reassessment on Penny Stock LTCG
AO Cannot Presume International Transaction Merely Based on High AMP Spend
Section 11 Exemption Cannot Be Denied Merely for Non-Production of 12A Certificate When 80G Proof Exists
ITAT Pune: Profit on Sale of Agricultural Land Not Automatically Business Income – Intent of Purchase Must Be Examined
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.
