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’s Revision u/s 263 Quashed – ITAT Mumbai Rules AO’s Enquiry Was Adequate
Penny Stock LTCG Held Genuine – ITAT Mumbai Deletes ₹85.05 Lakh Addition
PCIT’s 263 Revision Struck Down – ITAT Ahmedabad Quashes Order for Lack of Enquiry Finding
Section 148 Notice Invalid for Wrong Email & Address: ITAT Dehradun
Husband’s Money, Wife’s Name – AO Missed Obvious- ITAT Ahmedabad Quashes ₹51.9 Lakh Addition u/s 69
ITAT Ahmedabad quashed Section 143(1) Adjustment Without Prior Intimation
Assessment Void Ab Initio: ITAT Deletes Addition on Non-Existent Entity
CIT(A)’s Relief Set Aside for Violation of Rule 46A – ITAT Ahmedabad Remands ₹10.64 Cr Bogus Purchase Case
Cash & Employee Account Additions Deleted – ITAT Dehradun Rules in Favour of Petrol Pump Owner
Penalty u/s. 221(1) leviable for non-payment of self-assessment tax
ITAT Quashes Income Tax Penalty as AO’s Satisfaction Starts Limitation Clock
Delhi HC Clarifies Date of Receipt of DRP Directions under Section 144C(5)
Jurisdiction Failed: ITAT Voids Section 148 Notice Due to Wrong Authority Approval
Reassessment Quashed for Vague Reasons Based on Insight Data: ITAT Ahmedabad
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.
