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.
Section 153C Assessment Quashed: Ledger Must “Bear” on Assessee’s Income
AO Fails to Specify Penalty Charge, Delhi ITAT Quashes Section 271(1)(c) Penalty
Agricultural Land Distance from City Limits Decides Section 2(14) Exemption
Co-operative Bank: No TDS on Interest Paid to Another Co-operative Society
AO Cannot Depreciate an Asset & Doubt Its Existence: Partners’ Capital Addition U/s 68 Deleted
Fake Income Tax Penalty Email Threatens Taxpayers With 72-Hour Deadline: How to Identify and Avoid the Scam
P&H HC Upholds Section 54F Exemption on Jointly Owned House Purchase
P&H HC Denies Section 54B Exemption for Land Purchased in Wife’s Name
Partners’ Capital Contributions Cannot Be Taxed Under Section 68: Telangana HC
Gujarat HC Quashes Reassessment Notice for Change of Opinion on Loan Issue
Karnataka HC Quashes Notional Rent Tax on Building Without Occupancy Certificate
ITAT Mumbai Sets Aside ALV Addition on Unsold Flats Held as Stock-in-Trade
ITAT Mumbai Deletes Deemed Rent on Unsold Flats Held as Stock-in-Trade
ITAT Upholds Consumer Electricity Rate for Section 80IA Captive Power Valuation
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.
