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.
₹6 Crore Bona Fide Family Settlement Not Taxable; Non-Interference Clause Incidental: Pune ITAT
Telangana HC Sets Aside Section 68 Additions on Explained Rs.5.25 Crore Cash Credits
AO Taxed LTCG at 20%, Not 22%: Delhi HC Sets Aside Contrary Findings of CIT (A)
No Adverse TDS Action When GNOIDA Insisted on Non-Deduction of TDS: Delhi HC
Section 56(2)(x) Does Not Require Registered Agreement to Fix Consideration: ITAT Mumbai
ITAT Nagpur Allows Section 10(10B) Exemption on BSNL VRS Compensation
Existing 12AB Registration Remains Valid Until Statutory Cancellation: ITAT Bangalore
Section 69 Addition Deleted as Tenancy Revaluation Involved No New Investment: Mumbai ITAT
Entire Marketing Expense Cannot Be Disallowed for Self-Made Vouchers: ITAT Ahmedabad
Mumbai ITAT Rejects Re. 1 Exercise Price, Allows FMV as ESOP Cost of Acquisition
CIT(A) Must Reconsider CAM Charges TDS Under 194C or 194-I: Delhi ITAT
ITAT upholds claim of expenditure on overseas commissions linked with exports
Pune ITAT Holds Wrong Sanction Invalid, Quashes AY 2017-18 Reassessment
Mumbai ITAT Quashes Search Assessment: Section 148 Notice Mandatory for Pre-Search Year
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.
