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.

Wrong Mention of Section 69 Instead of 69A Does Not Invalidate Addition: ITAT Hyderabad

Gift from Mother Cannot Be Treated as Unexplained Investment: ITAT Hyderabad

Temporary Cash Support for Student Visa Is Not a Loan Under Section 269SS: ITAT Chennai

Section 69A Cannot Be Invoked for Cash Withdrawals from Own Bank Account

Income Tax for Freelancers in India: A Simple Guide

Section 69C Addition Deleted for Lack of Corroborative Evidence & Cross-Examination: ITAT Pune

Foreign Tax Credit Cannot Be Denied for Delayed Form 67 Filing: ITAT Mumbai

Strategic Investments of Bank Taxable as Capital Gains, Not Business Income: ITAT Ahmedabad

State DISCOM Tariff, Not IEX Rates, to Benchmark Captive Power Transfers Under Section 80-IA: ITAT Delhi

Section 80P Deduction Allowed on Interest & Dividend Income of Co-op Credit Society: ITAT Pune

Section 80P Deduction Allowed on Interest Earned from Bank Deposits by Co-operative Credit Society: ITAT Pune

Section 80P Deduction Allowed on Interest from Co-operative Bank Deposits: ITAT Pune

Income Declared in Original Return Cannot Be Reduced in Section 148 Return: ITAT Hyderabad

Registered Sale Deed Triggers Capital Gains Despite Dispute Over Consideration: ITAT Hyderabad
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.
