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.

₹8.84 Cr Addition Deleted as ATM Cash Mistakenly Linked to Employee’s PAN

Land Sale Proceeds Justify Demonetisation Cash Deposits: ITAT Deletes ₹1.28 Cr Tax Addition

Disallowance Isn’t Misreporting – ITAT Pune Deletes Penalty u/s 270A on PF & ESIC Delay

Typo Can’t Deny Charity: ITAT Pune Restores 80G Application Rejected for Technical Delay

Legal Heir Gets New Hearing: ITAT Remands Demonetisation Cash Deposit Case

PCIT Revision Upheld: Accumulated Forex Loss Claimed in One Year Invalid

TDS on Commission Does Not Mean Expense Belongs to Assessee: ITAT Indore

ITAT Jaipur Quashes 69A Addition as AO Lacked Proper Jurisdiction

Survey Disclosure Taxable as Business Income If Linked to Regular Operations: ITAT Bangalore

Reopening Validated: Dual PANs & Huge Cash Deposits Are Tangible Material

No Protective Addition When Substantive Addition Sustained: ITAT Surat

Receipts Taxed in Company’s Books Can’t Be Reassessed in Individual’s Hands

Auction sale by bank under SARFAESI justified in absence of information of status quo order

Deemed dividend not taxable when borrower doesn’t hold shares in lender company
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.
