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.
Management Support Fees Not Taxable as FTS Under India-Singapore DTAA: ITAT Mumbai
ITAT Upholds 10% Income Estimation on Unaccounted Cash Receipts of Land Aggregators
Chennai ITAT Deletes Cash Deposit Addition; Assessee Acted Merely as Conduit
Tick-Tock! The 31st July ITR Alarm is Ringing – Is the Taxpayer Ready?
Chennai ITAT Deletes Luxury Car Addition; Company’s Economic Ownership Prevails
No Notional Interest Disallowance Where Assessee Had Sufficient Own Funds: Chennai ITAT
Chennai ITAT Quashes Section 263 Revision; PCIT Can’t Revise Merged Penalty Order
Chennai ITAT Deletes Demonetisation Addition; Revenue Can’t Ignore Audited Sales and VAT Returns
Chennai ITAT Quashes Reassessment as No Addition Was Made on Recorded Reason
GSTR-2A Is Strong Evidence; Purchases Can’t Be Rejected Without Verification: Chennai ITAT
Chennai ITAT Deletes ₹76.45 Lakh Addition; Revenue Can’t Rely on Suspicion Once Source Is Proved
Chennai ITAT Quashes AIR-Based Reassessment; Cash Deposits Must Be Examined with Business Turnover
Lucknow ITAT Deletes ₹1.31 Crore Cash Deposit Addition; Bank Mitra Not Taxable on Customers’ Deposits
CBDT Notifies Chhattisgarh RERA for Schedule III Section 11 Exemption
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.
