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.
Madras HC Upholds Reassessment Despite Absence of Section 143(2) Notice
Delayed Retraction Cannot Undo Survey Admission on Bogus Entries: Calcutta HC
Section 147 Reassessment Invalid Where Section 153C Applies: ITAT Ahmedabad
ITAT Mumbai Deletes ₹1.45 Crore Addition Based Only on Survey Statement
Section 50C Not Applicable to Tenancy Agreement Without Sale Consideration: ITAT Mumbai
Interest on Surplus Funds with Banks Eligible for Section 80P Deduction: ITAT Nagpur
ITAT Kolkata Upholds Section 80G Deduction for Eligible CSR Contributions
ITAT Bangalore Allows Section 80G CSR Deduction, Remands Repairs Claims, Rejects Education Cess
Section 14A Addition Beyond Exempt Income Unsustainable: Mumbai ITAT
Section 35(2AB) R&D Deduction Dispute Remanded to AO for DSIR Certification Reasons: Mumbai ITAT
Section 43CA Revision Quashed as AO Had Examined Booking & Bank Payments: Mumbai ITAT
Stamp Duty Value Difference Within 5%: ITAT Mumbai Deletes Section 43CA Addition
ITAT Mumbai Deletes Section 56(2)(x) Addition Applying 10% Tolerance Limit Retrospectively
ITAT Mumbai Allows Section 54 Exemption on Allotment Letter and Payment Proof
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.
