ITAT Hyderabad restores appeal to CIT(A), directing fresh consideration of Section 249(4)(b) after no advance tax was...
Income Tax
Income tax in India is a direct tax imposed on individuals, businesses, and other entities based on their income. Understanding income tax is essential for proper financial planning and compliance with government regulations. This section provides comprehensive resources covering income tax slabs, ITR filing, deductions, exemptions, and the latest updates for FY 2025–26.
Whether you are a salaried employee, freelancer, or business owner, you can explore detailed guides below to learn how to calculate your tax, file returns, and maximize eligible deductions. Stay informed with the latest income tax rules, deadlines, and expert insights to manage your taxes efficiently.
Bombay HC quashes reassessment notice based solely on Shah Commission report, finding no live link between export...
SC declines interference with Bombay HC ruling quashing reassessment notices based on Shah Commission report and alleged...
Allahabad High Court quashes reassessment of Mudra Exports, holding Shah Commission’s under-invoicing report lacked tangible material for...
Karnataka HC quashes Section 148 reopening based on Shah Commission report, holding there was no legitimate reason...
Madras High Court sets aside Section 234E late fee imposed while processing TDS statements for assessment years...
Madras High Court sets aside Section 234E late fee imposed through Section 200A processing before 1 June...
Mumbai ITAT partly allows Tech Mahindra’s AY 2008-09 appeal, deletes major TP adjustments and directs LIBOR-based benchmarking...
Delhi ITAT held spiritual and moral activities were charitable, not inherently religious, and directed 12AB registration and...
Mumbai ITAT deletes ₹87 lakh Section 68 addition, holding general allegations against lender insufficient without specific nexus...