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 Bangalore Partly Allows Appeals on Business Expenses, TDS and Section 41(1)

Madras HC Upholds Deferral of 55% Time-Share Membership Fees as Income

Residential Status and Its Relevance under UAE Corporate Tax

Investigation Wing Tip-Off Cannot Replace AO’s Independent Inquiry: ITAT Mumbai

ITAT Ahmedabad Upholds Rejection of Books and 10% Profit Estimation for Builder

Delhi HC Quashes Section 271C Penalty SCN Issued After Unexplained Delay

Repaid Loans Not Accommodation Entries: ITAT Mumbai Quashes Section 68 Addition

Sponsorship Receipts Do Not Make Golf Association Commercial: ITAT Delhi

ITAT Mumbai Deletes Section 68 Addition Based on Accommodation Entry Statement

ITAT Mumbai Allows Section 80G Deduction for CSR Donations Despite Section 37 Disallowance

Bogus-Purchase Allegation Alone Cannot Trigger Section 69C & 115BBE: ITAT Delhi

CSR 80G Deduction: Section 263 Fails Where AO Adopts a Plausible View

Section 69A: Earlier Loan Repayment Cannot Be Branded Accommodation Entry

Live Cricket Not Royalty, Replay Is: Delhi ITAT Applies 93:7 Split u/s 9(1)(vi)
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.
