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 Kolkata Quashes Assessment for Invalid 143(2) Notice Issued in Wrong Format
Jurisdiction Defect: ITAT Voids Entire Assessment Where 143(2) Notice Ignored CBDT Mandatory Instructions
Section 54 Deduction Allowed If Proceeds Utilized Within 3 Years: ITAT Chennai
Search Assessment Quashed: Why IT Act Section 153A Requires an Actual Search on the Assessee
No Sale, No Gain: ITAT Sends ‘Imaginary Capital Gain’ Back for Fresh Verification
SC Admits Tesco Plea on Service Tax for Overseas Employee Secondment
No Name, No Proof, No Cross-Examination: ITAT Quashes ‘On-Money’ Addition Based on Builder’s Excel Sheet
Bombay HC Admits Appeals on TDS Applicability for Joint Venture Payments
Income from Vessel Operations Taxable Under India-Norway DTAA: ITAT Delhi
Rule 8D Cannot Be Mechanical: Only Net Interest & Income-Yielding Investments Count, Says ITAT
Net Interest Income Bars Section 14A & 36(1)(iii) Disallowance: ITAT Mumbai
Section 154 Rectification on ESI/PF Deduction Not Permissible: ITAT Delhi
Section 153D Approval Mandatory: Delhi ITAT Invalidates Assessment Over Missing Record
Non-Speculative F&O Losses Allowed to Set Off Against Capital Gains
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.
