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 Delhi Quashes Reassessment – Section 148 Notice Held Time-Barred
Assessment Quashed, Penalty Falls – ITAT Delhi Quashes Section 271AAC Penalty
ITAT Deletes ₹40 Lakh Demonetization Cash Addition, Citing No Rejection of Books
No Change of Opinion When Issue Never Examined – ITAT Delhi Upholds Reopening
Stock Exchange Margin Penalties Fully Deductible, ITAT Allows ₹1.22 Cr Claim
Books Can’t Be Rejected merely for Missing Return: ITAT Deletes ₹1.34 Cr Cash Addition
ITAT Delhi Quashes 153C Assessment – One Approval for Two Years Held Invalid
ITAT Quashes Section 153C Order for Common Template-Style Approval Across Years
Marketing & Reservation Fees Not Taxable as FTS under India-US DTAA: ITAT Delhi
ITAT Delhi Upholds CUP Method for Palm Oil Imports; ₹2.18 Cr TP Adjustment Deleted
Section 143(2) Notice by ITO invalid as income exceeded ₹20 lakhs; jurisdiction lies with ACIT/DCIT
Diary Seized During Search Leads to ₹42.98 Lakh Addition; Tribunal Bars 60% Tax Rate
ITAT Upholds Reopening but Deletes ₹9.5 Crore Addition After Property-Wise Verification
Registration Granted: Fees & Surplus Don’t Nullify Charitable Trust Status (Sec. 12A)
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.
