Delhi HC stays reassessment proceedings after petitioner alleged material relied upon by AO was not supplied with...
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.
Delhi HC sets aside ITAT’s ex-parte order against AAI, finding non-service of hearing notice violated Rule 20...
Gujarat HC deletes 12% notional interest addition, finding evidence showed no interest was received from two concerns...
Calcutta HC dismisses Revenue appeal over Rs.2.73 crore cash credit addition as tax effect was below Rs.2...
Gujarat HC quashes Section 148 notice and Section 148A(d) order issued after the surviving limitation period under...
Madras HC upholds Section 148 reassessment notice for AY 2015-16, holding the notice issued within surviving limitation...
Allahabad HC dismisses writ against Section 144C assessment, holding statutory objections must be filed before both DRP...
Delhi HC allows writ amendments and directs status quo on recovery and penalty proceedings while rejecting revival...
Calcutta HC quashes ITAT’s automatic confirmation clause, reduces cost to ₹25,000 and restores Section 68 proceedings for...
Delhi HC upholds DCF share valuation, holding AO could identify valuation flaws but could not question expected...