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.
Neurology conferences and workshops covered u/s. 2(15) hence exemption u/s. 11 admissible
Interest disallowance u/s. 36(1)(iii) unwarranted as sufficient own funds available for subsidiary investment
Kerala HC Denies Temple Tax Exemption as Section 10(23BBA) Covers Only Statutory Bodies
DDT Must Follow DTAA Limits Because Dividend Is Shareholder Income: Bombay HC
Courses not having any approval with any authority cannot be reason to deny benefit u/s. 11
Public information & unrelated third-party data not justifies Section 153C SCN: Gujarat HC
ITAT Mumbai Allows Section 115BAA Relief Despite Delay in Form 10-IC
CIT(A) Cannot Set Aside Every Section 144 Order Automatically—Addition Deleted After AO Confirms Reconciliation
ITR Filing Delay Due to Illness Must Be Considered: Delhi HC Aside Order
Foreign Bank Deposits & Credit Card Expenses Not Taxable for NRI: ITAT Chennai
Reopening for Depreciation Claim: SC Dismisses Revenue Appeal Over Delayed Filing
Section 87A Rebate vs Standard Deduction under Section 16(ia)
Mother–Son Gifted Land Misinterpreted as Sale: ITAT Delhi Remands Case to CIT(A)
Income Tax Appeals Filed Before Wrong Bench Dismissed with Liberty to Refile
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.
