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 Mumbai Upholds Section 270A Penalty After Return Filed Only Following Reassessment Notice

Section 13(3) Benefit Alone Cannot Cancel Section 12AB Registration: ITAT Delhi

Bank Draft Seized From Third Party Cannot Establish Assessee Ownership: SC

Bank Draft Seized From Third Party Cannot Establish Assessee Ownership: Bombay HC

JAO Cannot Issue Section 148 Notice: P&H HC Strikes Down Section 147A

Only Real Net Online Gaming Winnings Taxable Under Section 115BB: ITAT Chennai

ITAT Delhi Deletes ₹2.82 Crore Bogus Purchase Addition for Lack of AO Investigation

Section 147A Struck Down, JAO Notices Invalid: Jyoti Sareen (Punjab & Haryana HC)

CIT Vs Sociedade De Fomento Industrial: SC Upholds Section 10B Exemption for New EOU

ITAT Hyderabad Quashes Reassessment for Section 148 Notice Issued on 1 April 2021

Telangana HC Quashes Reassessment Notices Sent After 31 March 2021 as Time-Barred

Bombay High Court Upholds Section 10B Benefit and Section 14A Relief for EOU

Rajasthan HC Quashes Reassessment Notices for Short Notice and Limitation Bar

ITAT Delhi Remits ₹1.60 Crore Demonetisation Cash Addition for Fresh Examination
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.
