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 Mumbai Allows Penny-Stock Loss, Quashes Section 69C Commission & Upholds Interest Deduction
ITAT: Diamond Grading Charges Not FTS u/s 9(1)(vii); No TDS u/s 195
Mumbai ITAT Condones 690-Day Delay, Deletes Wife’s Credit Card Expense Disallowance
ITAT Restores 12AB & 80G Approval; Sections 13(1)(c), 13(3) Inapplicable
ITAT Allows Abandoned Bharuch Project Cost as Revenue Expenditure u/s 28/37
Crystallized Prior Period Expenses Allowable in Subsequent Year: ITAT Delhi
ITAT Delhi Directs Section 12AB Registration Despite Alleged Payments to Interested Persons
Section 264 Can Address Assessee’s Unclaimed Tax Treaty Benefit: Bombay HC
Mumbai ITAT Condones 1,289-Day Delay, Cites Non-Communication of Tax Orders
ITAT Quashes Section 263 Revision Over CSR Deduction u/s 80G
SC Dismisses SLP Against Karnataka HC Judgment on Settlement Commission Time Limit
Wrong Signature, Dead Reopening: PCIT Approval Cannot Pass Section 151(ii) Gate
SC Dismisses Delayed SLP Against Reassessment Quashing Under Sections 148A and 151
Paper Trail Beats Entry-Operator Tale: Mumbai ITAT Deletes ₹60-Lakh Addition u/s 68
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.
