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.
CIT(A) Cannot Dismiss Appeals in Limine Without Deciding Merits: ITAT Hyderabad
Don’t Reject Charitable Registration for Technical Errors: ITAT Agra
ITAT Ahmedabad Allows Depreciation on Amalgamation Goodwill for AY 2016-17
ITAT Pune Allows Foreign Investment Loss as Business Loss, Not Capital Loss
Additions cannot be sustained solely on untested third-party WhatsApp data
Mere Suspicion Not Enough: ITAT quashed ₹9.37 crore addition for Cash Jewellery Sales
Statement Can’t Override Accounting Law – ITAT Says PCM Prevails
Give Me 7 Days or Give It Up: Karnataka HC Quashes Reassessment for Short Notice
Faceless Reassessments Must Stay Faceless: Karnataka HC quashes AO Issued Notices
AO, please don’t show your face — Faceless Assessment means faceless: Karnataka HC
Substantial Justice Precedes Technicality: ITAT Condon Delay for Assessee Facing Director Fraud Issues
Section 50C/56 10% Property Valuation Tolerance Applies Retrospectively: ITAT Agra
Prosecuting Directors Without Company is Abuse of Process: Delhi HC
Once Business Profit is Estimated, No Further Tax Additions Allowed: ITAT Hyderabad
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.
