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.

Final Assessment Ignoring Binding DRP Directions Is Void: ITAT Delhi

Final Assessment Ignoring Binding DRP Directions Quashed: ITAT Delhi

AO Cannot Disregard Binding DRP Directions in Final Assessment: ITAT Mumbai

Maritime Training Is Education Eligible for Section 11 Exemption: Bombay HC

Maritime Training Qualifies as Education for Section 11 Exemption: ITAT Mumbai

Working Capital Adjustment Must Be Considered in Transfer Pricing Analysis: ITAT Chennai

Debt-Free Company Cannot Face Notional Interest Adjustment on Receivables: ITAT Chennai

Interest Addition on AE Receivables Unsustainable for Zero-Debt Company: ITAT Chennai

90-Day Contractual Credit Period Must Govern AE Receivables: ITAT Bangalore

₹50.79 Lakh TP Adjustment on AE Receivables Deleted: ITAT Chennai

Wrong Clause in Form 10AB Cannot Defeat Section 12AB Registration: ITAT Mumbai

Two-Minute Delay in Filing Income Tax Return Due to Technical Glitch Condoned: ITAT Mumbai

Interest on Borrowings for Real Estate Stock-in-Trade Deductible u/s 36(1)(iii): ITAT Mumbai

90-Year Leasehold Rights Are Capital Asset and Eligible for FMV Benefit: 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.
