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.
Section 54F Disallowance Invalid When Not Part of Reopening Reasons
TDS Credit Granted as Assessee Acted Only as Commission Agent: ITAT Chandigarh
Unsubstantiated Professional Fees Lead to ₹40 Lakh Addition
Assessment Quashed for Wrong Email Service and No Reasons
TP Addition Partly Set Aside for Mechanical Margin Working
Issue of Old Income-tax Demands Appearing on Portal After Several Years
ITAT Ranchi Quashed Reassessment Beyond Four Years for No Disclosure Failure
Reassessment Quashed for Faceless Regime Breach: JAO-Issued Notices Invalid
Section 148A(d) Order Set Aside for Ignoring Assessee’s Explanation
Adjustment in intimation u/s 143(1) disallowing deduction u/s 10B was quashed
Taxability of Consultancy Income under India–UAE DTAA vis-à-vis SEP
SC Dismisses Revenue SLP for Delay in Share Valuation Reassessment Case
Share Valuation Must Follow Rule 11UA, Not Isolated Third Party Transactions
Section 11 Exemption Denied for Missing Form 10B Held Invalid at 143(1) Stage
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.
