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.
Mechanical Section 151 Sanction Invalidates Reassessment: ITAT Agra
Mechanical Section 151 Approval Invalidates Reassessment: ITAT Agra
Mechanical Section 151 Approval Invalidates Reassessment Proceedings: ITAT Agra
ITAT Hyderabad Deletes Section 69C Addition, Allows Section 80IA Interest Deduction Subject to Verification
Cost Recovery Needs No Mark-up; Merger Deduction Survives the Fifth Year
Penalties Deleted for Failure to Specify Charge: ITAT Hyderabad
AO Cannot Abruptly Replace DCF With NAV for Share Valuation: ITAT Hyderabad
12AB Application Rejection Cannot Automatically Cancel Existing Registration: ITAT Chandigarh
ITAT Deletes ₹3.12 Lakh Penalty as Withdrawn Political Donation Claim Did Not Prove Misreporting
Wrong-Year TDS Credit Cannot Be Allowed Despite Pending Refund Claim: ITAT Ahmedabad
ITAT Deletes ₹71.10 Lakh Penalty for Genuine Interest Claim Made in Wrong Year
Alleged Flat “On-Money”: Show-Cause Notices Cannot Replace Cross-Examination, Rules Agra ITAT
Section 148 Notice Beyond Surviving Limitation Quashed: ITAT Ahmedabad
Section 270A Penalty Needs Specific Misreporting Charge: ITAT Ahmedabad
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.
