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.
Cash receipts belonging to Partnership Firm cannot be taxed in hands of partner
No Section 271D Penalty on Cash Payment under Pre-Amendment Property Agreement
ITAT Overturns Section 69A and 115BBE Addition on Petrol Pump Deposits
Belated Form 10B Doesn’t Warrant Taxing Entire Receipts
Rs. 87.65-Crore ‘Bogus Purchase’ Disallowance Remanded for Fresh Verification
Registration Under Section 12AB Restored Due to Reasonable Cause for Non-Response
Mixed-Funds Interest Disallowance Needs AO Review
Section 12AB and 80G Rejection Set Aside Due to Nascent Stage of Trust
Denial of virtual hearing vitiates appellate order: ITAT restores matter for fresh hearing
Delay Condoned, Demonetisation Cash-Deposit Case Restored
Section 144C doesn’t extend outer time limit: ITAT Hyderabad quashes TP final order as barred by limitation
SC Dismisses Delayed SLP, Upholds Quashing of Reassessment Notices
Bombay HC Quashes Reassessment and Notices as Illegal and Arbitrary
Delay Condoned for 81-Year-Old, Capital Gains Reassessment Restored
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.
