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.

Jabalpur ITAT Remands MAT Dispute Over Partnership Profit Exclusion for Fresh Adjudication

Panaji ITAT Deletes ₹10.91-Lakh Addition Mistaken as Bank Interest Under Section 194N

ITAT Kolkata Dismisses Revenue’s Time-Barred Section 254(2) MA

Panaji ITAT Remands ₹42.45-Lakh TDS Demand on Salary, Rent & Accommodation

CBDT Notifies Tax Exemption for Maharashtra Electricity Commission

CBDT Notifies Maharashtra Electricity Regulatory Commission Under Section 10(46A)

Ahmedabad ITAT Allows Goodwill & Brand Depreciation; Deletes ₹106.56 Cr TP Adjustment on Steam Valuation

Jaipur ITAT Deletes FDR, Cash Redeposit Additions; Rejects Arbitrary Estimates

ITAT Restores Section 12AB, 80G Applications After Wrong Provision Selection

Panaji ITAT Allows 80P Deduction on Enhanced Business Income

Madras HC Sets Aside ₹84 Lakh Section 69 Addition in Ex Parte Assessment

Madras HC Stays 2-Year RI Under Sections 276C(2)/278E Pending Appeal

Madras HC: Interest on Corpus Funds Taxable, ₹94.67 Lakh Addition Upheld

Benami Proceedings Need Only Prima Facie Satisfaction at Preliminary Stage: Madras HC
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.
