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.
No Bank Entry or Form 26AS: Professional Fee Claim Rejected
Stamp Duty Addition Deleted for Lack of Evidence of Claim
Ex-Parte LTCG Order Set Aside for Fresh, Fair Computation
Supreme Court Backs Section 17A Shield for Official Decisions
Mauritius DTAA doesn’t come to rescue & Tiger Global is liable to Tax: SC
Tiger Global Decision- Fairness and Tax Certainties
Disallowance of business loss without pointing out specific defects is impermissible
Section 80P(2)(d) Cannot Be Denied for Co-operative Bank Income
80P deduction admissible on interest earned by co-operative society from deposits with co-operative and nationalized banks
Disallowance on alleged fictitious loss without incriminating material cannot be sustained
Writ dismissed as reassessment notice u/s. 148 held to be in time
Unsecured Loan Addition Unsustainable Without Contrary Evidence
Debatable MAT Computation Cannot Be Rectified Under Section 154
Section 263 Revision Quashed for Absence of Exempt Income
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.
