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.
Protective Additions Not Justified Without Partner Substantiation, ITAT Allows Fresh Hearing
ITAT Kolkata Quashes Reassessment Notice Against Deceased Assessee
ITAT Dismisses Revenue Appeal Under ₹60 Lakh Tax Effect, Citing CBDT Circular
Delhi HC Upholds Disallowance of EPF/ESI Late Payment Despite Technical Glitches
ITAT Remands Case After Penalty Confirmed for Inaccurate Income Reporting
ITAT Deletes Section 68 Addition: Assessee Proves Identity, Genuineness & Creditworthiness
TDS Credit Cannot Be Denied Based Solely on Form 26AS Mismatch: Allahabad HC
Section 148A Notices Quashed in Share Transfer Case; AO Directed to Reassess After Verification
ITAT Allahabad Condones 440-Day Delay in Appeal Due to Advocate’s Negligence
Assessment on Dissolved Firm Valid if AO Uninformed: ITAT Ahmedabad
10% Safe Harbour Limit for Property Valuation Applies Retrospectively: ITAT Mumbai
ITAT Restores Rs. 1.86 Cr Addition for Fresh Review, Citing CIT(A)’s Unreasoned Order
Delay in Form 10B Filing Due to Accountant’s Oversight: Bombay HC Allows Condonation
Retaining Cash for Years Not Suspicious When Source Proven: ITAT Deletes Addition
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.
