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 Surat Remands ₹3.12 Crore Section 69A Addition with ₹10,000 Cost
Wrong Exemption Section in ITR Cannot Deny Section 10(26AAB) Benefit: ITAT Lucknow
IDS Declaration Failed but Tax Already Paid Must Be Credited: Bombay HC
Supreme Court Refuses Interference in IDS 2016 Tax Credit Ruling
Delhi ITAT Upholds Black Money Tax on Undisclosed UAE Bank Account and Investment
Section 244A Exclusion Cannot Justify Delayed DTVSVS Refund: Delhi HC
SBI Not Assessee in Default for Foreign LTC TDS: ITAT Ahmedabad
Section 50C DVO Reference Cannot Extend Assessment Time Limit: Delhi ITAT
Section 80P Deduction Valid on Return Filed Under Section 148: ITAT Mumbai
Peak Credit Valid for Undisclosed Entries: Allahabad HC Dismisses Revenue Appeal
Section 153C Assessments for 7 AYs Quashed as Deemed Date Fell After 01.04.2021: Bangalore ITAT
37% Surcharge Deleted on AOP Income Below ₹50 Lakh: Mumbai ITAT
AMP Spend Not International Transaction Without AE Arrangement: Delhi ITAT
Section 56(2)(viib) Inapplicable to Holding-Subsidiary Transaction: 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.
