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.

Provisional Registration Alone Cannot Establish Activity Commencement: ITAT Mumbai

P&H HC Quashes Time-Barred Assessment for Superior Officer Intervention

ITAT Chennai Allows Section 11 Exemption Despite 31-Day Delay in Form 10B

Goodwill Depreciation on Business Transfer Allowed; Bad Debt Claims Remanded by ITAT Mumbai

ITAT Mumbai Allows Project Completion Method, Deletes CSR & GST Interest Disallowances

ITAT Delhi Allows Full Leave Encashment Exemption up to ₹25 Lakh under Section 10(10AA)

Goodwill from Slump Sale Eligible for Depreciation: ITAT Mumbai

Delhi HC Quashes Section 153C Notice for Failure to Meet ₹50 Lakh Threshold

Delhi HC Quashes Reassessment for Sanction by Incompetent Authority under Section 151

BPTP Limited: Supreme Court Upholds Delhi HC Ruling on Reassessment Reopening

ITAT Jaipur Allows Section 80JJAA, 80-IA and MEIS Claims; Disallows Delayed PF/ESI

Raipur ITAT Restricts Section 272A(2)(e) Penalty to Section 139(4) Filing Period

MEIS Reward Not Income under Section 2(24)(xviii) & is Capital Receipt: Delhi ITAT

MEIS Scrip Sale Proceeds Capital Receipts, Not Taxable: ITAT 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.
