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 Delhi Deletes ₹11.89 Crore Bogus Purchase Additions, Citing Toll Records

Non-Member Club Receipts Taxable Only on Profit Element: ITAT Pune

₹6 Lakh Political Donation Reassessment Beyond Three Years Time-Barred: Mumbai ITAT

‘On-Money’ Not an “Asset” for Extended 10-Year Search Assessment: Mumbai ITAT

Chennai ITAT Deletes Section 234E Late Fee for TDS Returns Before June 2015

Chennai ITAT Deletes Section 234E Late Fees for Pre-01.06.2015 TDS Periods

Chennai ITAT Deletes Section 234E Late Fee for TDS Period Prior to June 2015

Madras High Court Sets Aside Section 234E TDS Late Fee Demands for Pre-June 2015 Period

SBI Not in Default for Foreign LTC TDS Due to Binding HC Directions: ITAT Rajkot

Section 148A Reassessment Cannot Be Challenged at Preliminary Stage: Telangana HC

Share Premium From Non-Resident Is Capital Receipt, Reassessment Quashed: Telangana HC

CIT(E) Must Examine 5% Religious Expenditure Threshold Before Denying Section 80G: ITAT Chandigarh

Section 148 Notice Quashed as Seized Entry Had No Live Nexus With Assessee: Gujarat HC

AE Can Be Tested Party for RPM Benchmarking in Merchant Trading: ITAT Delhi
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.
