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.
Advance Sale Consideration Cannot Be Taxed as Unexplained Money: ITAT Hyderabad
Section 148 Notice Quashed for Lack of NFAC Jurisdiction: P&H HC
Bombay HC Quashes Section 148 Notice for AY 2015-16 as Time-Barred
Section 148 Reassessment Quashed for Non-Compliance with Section 151A: Karnataka HC
ITAT Hyderabad Allows TV Serial Production Cost as Revenue Expenditure
SC Refuses to Interfere with Capital Gains Ruling on JVA Termination
ITAT Remands Appeal Dismissed on Limitation, Applies SC COVID Extension Orders
Section 12AB Registration Cannot Be Rejected on Presumptive FCRA Violations: ITAT Chandigarh
ITAT Mumbai Quashed Retrospective Cancellation of Section 12AB Registration of Charitable Hospital Trust
ITAT Allows Refund of DDT Above 10% Treaty Rate Under India–Switzerland DTAA
Management Support Service Fees Not Taxable as FTS Under India–Singapore DTAA: ITAT Mumbai
Inland Haulage Charges Exempt Under Article 8 of India-China DTAA: ITAT Mumbai
Subsequent Amalgamation of Two Houses Does Not Qualify for Section 54F exemption: ITAT Delhi
Search Reassessment Under Section 147 Instead of Section 153C Quashed: ITAT Mumbai
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.
