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 Ahmedabad Allows Foreign Tax Credit Despite Delayed Form 67 Filing
ITAT Delhi Allows Section 115BAC Benefit Despite Belated Income Tax Return
One Flat, Two Owners, One Inflated Addition: ITAT Sends Section 56(2)(x) Valuation to DVO
VRS Was the Exit, Not the Tax Trap: Bangalore ITAT Opens Full Exemption Door u/s 10(10B)
Copyright Clock Ran Out: Time-Barred Revision u/s 263 Fails Against Non-Royalty Assessment
Souharda by Name, Co-operative by Law: ITAT Restores Full Deduction u/s 80P(2)(a)(i)
Karnataka HC Holds Standard Software Payments Not Royalty u/s 9(1)(vi), No TDS
Revision Survives, Cash Addition Doesn’t: ITAT Orders a Clean Recount u/s 144 Read With 263
Section 271DA Penalties Time-Barred Under Section 275(1)(c): Karnataka HC
Rule 114E Did Not Cover Co-operative Bank: Section 277A Prosecution Quashed
Wrong Section Cannot Defeat Valid Document Requisition: Karnataka High Court
Homemaker Gets Fresh Opportunity in Section 148A Proceedings: Karnataka HC
Section 147A Revives JAO Reassessment Battle, Karnataka HC Keeps All Challenges Open
Karnataka HC Revives JAO Reassessment Appeal After Retrospective Section 147A Amendment
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.
