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.
TDS Credit Denied Where Income Taxed in Another Entity’s Hands: ITAT Bangalore
Foreign Tax Credit Can’t Be Denied for Technical Lapses if Form 67 Was Timely Filed: Bengaluru ITAT
8% Commission Income Estimate Without Evidence Unsustainable: Bengaluru ITAT
No Proposal to Scrap LTCG Tax, Govt Clarifies FPI G-Sec Tax Exemption
No Proposal to Scrap LTCG Tax: Finance Ministry
Finance Ministry Clarifies Section 43B(h) and 45-Day MSME Payment Rule
CIT cannot Cancel Section 12A Registration Before Section 12AA(3) Insertion: SC
Section 148 Notice Uploaded After Limitation Time-Barred: Calcutta HC
Gujarat HC Upholds Section 148 Reopening Based on Fresh Survey Material
Madras HC Upholds Additions Based on Corroborated Loose Sheets
Madras HC Upholds Jurisdictional AO’s Power to Issue Section 148A Notice
No Section 43 BMA Penalty for Bona Fide Schedule FA Non-Disclosure of Foreign ESOPs
FCRA Renewal Rejection Alone Cannot Deny Section 12AB Registration: ITAT Mumbai
Insolvency Does Not Prevent Civil Arrest Without Statutory Protection: DRAT Chennai
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.
