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.
Old Credit Balances Cannot Be Taxed Under Section 68: ITAT Chennai
ITAT Rajkot Restricts Freight Disallowance and Upholds Relief on Loans, Gift and TDS
ITAT Nagpur Quashes Search Assessments for Invalid Section 153D Approval
Karnataka HC Holds Section 153C Mandatory for Search-Based Material in Regular Assessment
ITAT Pune Quashes Section 147 Reassessment Where Section 153C Applied to Search Information
Bombay HC Quashes Section 148 Notice Based on Search Material, Holds Section 153C Applicable
TPO Reference Mandatory for Arm’s Length Price Determination: ITAT Delhi
ITAT Bangalore Upholds Section 36(1)(iii) Disallowance on Interest-Free Subsidiary Loan
ITAT Delhi Quashes Income Tax Reassessment Notice Issued 3 Days Beyond Six-Year Limit
ITAT Delhi Directs Refund of Excess Dividend Distribution Tax Paid by Vedanta
ESOP Discount Is Deductible Revenue Expenditure Under Section 37(1): Delhi HC
ITAT Partly Allows Vodafone India Appeals on 80IA, Interest and Roaming Costs
ITAT Mumbai Excludes Wipro and Infosys from Capgemini Comparables
ITAT Amritsar Quashes Section 68 Addition on Demonetization Cash Deposits
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.
