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.
Reopening Based Only on ACB Report: ITAT Quashes All 147 & 263 Orders
No Retrospective Cancellation: ITAT Rejects PCIT Action on 12A/12AB Without Section 120 Order
ITAT Confirms ₹36.59 Cr Addition for Bogus Sale of Shops via Accommodation Entry
Sale of Leasehold Property Not Hit by Section 50C & Full 54G Exemption Allowed: ITAT Grants Complete Relief to Assessee
ITAT Delhi deletes TDS demand – Repair/Replacement of spare parts is NOT Fees for Technical Services
No Fresh 80-IA Claim Allowed in 153A Return for Completed Assessment
Appeal Cannot Be Dismissed Merely for Two PANs; ITAT Remands Case
Digital Press is a Computer: ITAT Grants 60% Depreciation
FTC Eligibility Upheld: ITAT Confirms Form 67 Due Date Amendment
One-Day Notice Not Enough – ITAT Remands Section 271(1)(b) Penalty Case
“Bogus Purchases” Overruled: ITAT Prioritizes Commercial Reality
Deputy Commissioner acting beyond directions given by DRP is contrary-in-law
Sale of Cybersecurity Software Not Taxable as FTSs Under India-Ireland DAA
Tax Demand Invalid When Arising from Typographical Error Without Malafide Intent
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.
