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.
Religious Object Alone Cannot Deny Section 80G Approval Without 5% Test: ITAT Delhi
Religious Expenses Below 5% Do Not Bar Section 80G Approval: Gujarat HC
Interest-Free Loans Cannot Alone Deny Section 12AB Registration: ITAT Delhi
Religious Objects Alone Cannot Justify Denial of Section 80G Approval: ITAT Delhi
Section 153C Additions Invalid Without AY-Specific Satisfaction Note: ITAT Mumbai
Search Assessment u/s 143(3) Without Section 148B Approval Invalid: ITAT Chandigarh
No Addition on Reopening Issue Makes Other Reassessment Addition Invalid: ITAT Mumbai
No Reassessment on New Issue When Original Reopening Ground Fails: ITAT Mumbai
Section 56(2)(x) Not Applicable to Transfer of Tenancy Rights: ITAT Mumbai
Fixed Corporate Guarantee Fee Benchmark Without Comparability Analysis Invalid: Bombay HC
Final Assessment Ignoring DRP Directions Void Ab Initio: ITAT Bangalore
ITAT Cuts Share Trading Addition by 50%, Allows Section 57 Interest
Reassessment Without Fresh Tangible Material Invalid: Bombay HC
Section 153A Notice Must Disclose Basis and Seized Material: Bombay HC
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.
