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.
Tax Audit Exception: ITAT Confirms Interest is Not “Gross Receipts” for 44AB and Deletes Penalty
ITAT Ahmedabad Slams Suspicion: Addition Deleted After Assessee Proves Loan Source with Land Sale Deed and Confirmations
Bogus LTCG Allegation: ITAT Remands ₹2.28 Cr Addition as AO Failed to Independently Verify Evidence
ITAT Directs Reconsideration of 80G Denial: Trust Serving Scheduled Tribe Not Religious in Nature
ITAT Mumbai Allows Carry Forward of Capital Loss Despite Exempt Gains Under DTAA
Mere Suspicion Not Enough: ITAT Deletes LTCG Addition on Kushal Tradelink Shares for Lack of Concrete Proof
No Double Taxation: ITAT Pune Deletes ICDS and Provision Reversal Additions Due to Consistent Accounting
ITAT Hyderabad Condonation of Delay: Appeal Restored After NFAC Sent Notices to Wrong Email
Section 69A matter remanded back as additional evidences needs verification of lower authority
Order passed u/s. 263 without considering submissions is non-speaking order
ITAT Deletes Sales Promotion Disallowance for Consistent Business Practice
Enhancement by CIT(A) without giving notice u/s. 251 is vitiated in law
ITAT Delhi Rules DigiCert License Fees Not Taxable as FTS
Penalty towards breach of contract cannot be disallowed under Explanation to Section 37(1)
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.
