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 Deletes Notional Rent on Unsold Flats Held as Stock-in-Trade

Section 12AA Registration Cannot Be Denied Over Related-Party Rent: MP HC

Supreme Court Disposes Jay Ace Technologies SLP in Terms of Abhisar Buildwell

Power Plant Trial Run Sufficient to Allow Interest as Revenue Expense: ITAT Delhi

ITAT Mumbai Rejects Section 68 Addition Based on Mere Suspicion & Investigation Report

ITAT Mumbai Quashes PCIT Order Seeking Fresh Verification of Joint Venture Funds

ITAT Mumbai Rejects ₹9.85 Cr Section 68 Addition Based on Suspicion & Surmises

ITAT Deletes Rs.1.05 Crore Addition Based on WhatsApp Messages & Retracted Statement

ITAT Delhi Quashes Section 153A Assessment for Lack of Incriminating Search Material

ITAT Mumbai Allows Section 11 and 12 Exemption Despite Form 10B Filing Delay

Market Research Expenses to Improve Sales Are Revenue Expenditure: Bombay HC

ITAT Allows Section 54F Deduction for Two Flats in Same Building

Third-Party Data and PAN Mention Alone Cannot Prove Unaccounted Purchases: Bangalore ITAT

Fire-Safety Compliance Is Material for Section 12AB Registration of a School: Bangalore ITAT
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.
