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.

Chandigarh ITAT Deletes Capital Gains Addition for Lack of Beneficial Ownership

Hyderabad ITAT Deletes LTCG Addition as Plot Sales Already Taxed Under Section 44AD

Kolkata ITAT Allows Section 43B Deduction; No Merger of Section 143(1) with Scrutiny Assessment

Patna ITAT Deletes Demonetisation Cash Deposit Addition Backed by Agricultural Income

BCCI Not Taxable on Foreign World Cup Match Income Managed Through PILCOM: ITAT Mumbai

SC Refuses to Revive Section 148 Reassessment Notices Against GE Group Companies

SC Dismissed SLP Against Penalty Notice Ruling Under Section 271(1)(c)

ITAT Dismisses Delayed Appeal & Upholds Income Estimation Under Section 44AD

Hyderabad ITAT Upholds Section 56(2)(x) Addition Based on Stamp Duty Value on Sale Deed Date

ITAT Sets Aside Reassessment for Failure to Record Material Disclosure Default

Technical Consultancy Services Taxable Under Section 44ADA, Not Section 44AD: Raipur ITAT

Curable Procedural Defect Cannot Justify Rejection of Section 12AB Registration: ITAT Chandigarh

ITAT Remands Trust Loss Assessment Before Allowing Beneficiary’s Share

ITAT Allows Section 54 Exemption & Remands Agricultural Land Capital Gains Issue
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.
