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.

Karnataka HC: ITAT Appeal Lies Where AO Passed Assessment Order, Assessee’s Location Irrelevant

Finance Act 2010 Retrospective Tax Amendment Read Down for Offshore Services: Karnataka HC

Delhi HC Upholds Income-Tax Dept’s LOC: Courts Cannot Review Satisfaction on Economic Interests

CBDT Relief on TDS Demand for Inoperative PAN Under Section 206AA

ITAT Allows Section 10(10B) Exemption on BSNL VRS 2019 Compensation

Delhi HC Rejects Impleadment of Complainant in Reassessment Challenge, Allows Writ Amendments

Calcutta HC Quashes Automatic Confirmation Clause & Restores Section 68 Appeal for Fresh Adjudication

AO Can’t Become an Economist to Question Expected Return in Share Valuation: Delhi HC

ITAT Delhi Upholds Fictitious Derivative Loss Disallowance, Remands Reopening Issue

ITAT Delhi Remands Expense Disallowance for Fresh Assessment After Business Transfer

ITAT Mumbai Deletes Conditional Rider on Section 12AB and 80G Registration

ITAT Mumbai Deletes Caveat Making Section 12AB & 80G Approval Subject to SC Outcome

Madras HC Allows Section 10(23G) Exemption on Liquidated Damages, Underwriting Commission & Structuring Fees

ITAT Mumbai Allows Section 80G Deduction for CSR Donations, Remands Interest Issues
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.
