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.
31st October Income Tax Deadlines – File Now or Face Consequences
How to Correct a Wrong Income Tax Challan (AY, Head Code, or PAN) Online
Disallowance u/s. 80P quashed as interest on nonrecoverable loans not recorded
Reassessment based on incorrect facts and without application of mind cannot be sustained
Separate AMP adjustment uncalled as distribution business benchmarked separately
CBDT Grants CPC Power to Rectify AO Orders for Accounting Errors
Madras HC Directs Department to Dispose 10-Year-Old Representation in Six Weeks
Speed Post is not equivalent to Registered Post for Section 148 notice service
Madras HC Keeps Bank Recovery in Abeyance Pending Disposal of Stay Petition
Madras HC Grants Interim Stay on Demand Raised Against Deactivated PAN
Bombay HC Upholds 15% Profit Addition on Bogus Purchases – Rejects Full Addition
Cash Deposit Source Explained: ITAT reduces Rs. 10 Lakh Addition to 1 Lakh
Income from sale of foundation seeds allowed as agricultural income hence exempted u/s. 10(1)
ITAT Deletes Penalty Despite Bogus Purchase Finding Due to Faulty Charge
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.
