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.

ITAT Rules Employer Advances Cannot Be Treated as Unexplained Money Without Verification

Staff Misconduct & CA Oversight Not Valid Grounds for 441-Day Appeal Delay: ITAT Hyderabad

Improvement Cost Allowed as Property Was Semi-Constructed at Purchase

ITAT Raipur Quashes Assessment as Void Ab Initio for Absence of Mandatory Transfer Order under Section 127

Received Income tax Notice? Here’s when to worry and when not to

Taxability of Gratuities Received By An Employee

ITAT Delhi Quashes Additions Made Beyond Limited Scrutiny Scope

Freight Reimbursements not Taxable as Income: ITAT Deletes Rs. 2.14 Crore Addition

Payment for International Private Leased Circuits not royalty hence disallowance u/s. 40(a)(i) not justified

Assessment Under Section 147/144 Struck Down for Not Issuing Section 143(2) Despite Valid Return

Survey-Based 8% Estimation Cut to 4%: ITAT Ensures Parity With Parents’ Cases

Temple Vazhipadu vs Demonetisation: ITAT Deletes SBN Addition of Rs. 1.45 Lakh

Vivad se Vishwas Opt-Out Does Not Bar Tax Appeal: ITAT Decision

Section 96 Overrides Income Tax for Post-2014 Land Acquisitions
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.
