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.
SC Upheld Section 263 Relief as AO Had Examined Unsecured Loans
Calcutta HC: Revenue’s Section 263 Appeal Dismissed as Loan Inquiry Was Adequate
Gujarat HC: Reopening Quashed as No Fresh Tangible Material Was Found
Bombay HC Quashes Tax Prosecution as Self-Assessment Tax Was Paid Before Complaint
AMP Expenditure Not an International Transaction Without AE Arrangement: ITAT Delhi
Bombay HC Upholds Bar on Section 153C Additions Without Incriminating Material
ITAT Delhi Quashes Assessment for Ignoring Binding DRP Directions Under Section 144C
Gujarat HC: Section 13(1)(b) Cannot Deny Section 12AB Registration at Registration Stage
ITAT Mumbai: Bogus Purchase Addition Limited to GP Rate of Genuine Purchases
Gujarat HC: Section 263 Orders Quashed as Section 14A Issue Was Already Examined in Original Assessment
ITAT Mumbai: Section 263 Revision Quashed as AO Examined Section 57(iii) Interest Claim
ITAT Mumbai: Section 263 Revision Quashed as AO Had Examined Purchases and Issue Was Pending in Appeal
ITAT Delhi: Section 11/12 Exemption Allowed as BARC Deployment Was Pursuant to Government Policy
ITAT Delhi: Section 11/12 Exemption Allowed as BARC Investment Did Not Violate Section 11(5)
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.
