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.
GP Rate Cannot Be Uniform Across Pre and Post Survey Periods: ITAT Delhi
Madras HC Upholds Deletion of Penny Stock Gains Addition under Section 68
ITAT Jodhpur Deletes 115BBE Rate on Survey Surrender Without Deeming Provision
ITAT Deletes ₹48.09 Lakh Addition on BSNL Receipts; Form 26AS Alone Cannot Decide Nature of Income
Section 35(2AB) Deduction Cannot Be Denied Due to Later DSIR Approval: Gujarat HC
Shares Issued as Business Acquisition Consideration Outside Section 56(2)(viib): ITAT Delhi
Object-Modification Delay Alone Cannot Deny Section 12AB Registration: ITAT Chennai
Section 153C Time Limit Runs From Material Receipt: ITAT Delhi
Stale Investigation Material Cannot Justify Reassessment: ITAT Delhi
ITAT Delhi Allowed Section 80G Approval as Religious Spending Stayed Within 5% Limit
Telangana HC Dismisses ITTA as ₹10 Lakh Tax Effect Falls Below CBDT Monetary Limit
Madras HC Directs Fresh Section 148 Notice to Legal Representatives of Deceased Assessee
PMS Charges Deductible Under Section 48 Amid Divergent Views: ITAT Mumbai
Kerala HC Quashes Reassessment Order for Ignoring Taxpayer’s Prior-Year Tax Claim
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.
