Income Tax
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Section 145A, ICDS-VIII and the Curious Case of Closing Stock

Taxation of Partnerships under UAE Corporate Tax

Commercial Dependence Alone Does Not Create Associated Enterprise: Mumbai ITAT

Ind AS Book Entries Cannot Create Taxable Income: Mumbai ITAT Deleted ₹130.92-Crore Additions

ITAT Ahmedabad Allows Section 80JJAA Deduction Despite Delayed Form 10DA

Delayed Form 10DA Filing Does Not Defeat Section 80JJAA Deduction: ITAT Mumbai

Mumbai ITAT Allows PF/ESIC Deduction Paid Before Return Due Date

ITAT Nagpur Deletes Addition Where Reassessment Reasons Concerned Different Property

ITAT Delhi Quashes Reassessment Where Recorded Reason Gets No Addition

ITAT Kolkata Sets Aside TP Adjustment under Omitted Section 92BA(i)

ITAT Ahmedabad Quashes Domestic TP Adjustment under Omitted Section 92BA(i)

Delhi HC Quashes Reassessment Notices for Lack of Section 151(ii) Approval

ITAT Kolkata Deletes Domestic Transfer Pricing Adjustment under Omitted Section 92BA(i)

ITAT Jaipur Allows New Tax Regime Benefit Despite Late Form 10IE
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.
