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.
Granting non-exclusive broadcasting rights of feature films cannot be termed as ‘royalty’
Reopening Collapses, All Other Additions Fall: ITAT Delhi Dismisses Revenue’s Appeal
CSR Grants Are Tied-Up Funds, Not Free Income of Charitable Trust
Demonetisation Cash Deposit Fails ‘Old Withdrawal’ Explanation
Loose Sheets Alone Not Enough for Taxing Undisclosed Investment
Past U/s 80-IA Relief Doesn’t Guarantee Deduction for New Projects
Beyond Six Years, Beyond Jurisdiction: Revenue Appeal Fails u/s 153C
Section 153C Notice Invalid for 22-Month Delay in Recording Satisfaction
Reassessment dropped as tax paid on consolidated profit and hence no escapement of income
Presumptive Additions U/s 68 & 69A in Search Cases Quashed
Employee Not Liable for Employer’s Business Expenses
Ex-Parte Dismissal Without Merits Is Legally Unsustainable
No 143(2) Notice Means No Valid Assessment, Rules ITAT
CIT(A) Can Call for Evidence Directly – No Rule 46A Violation
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.
