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 Mumbai: Brokerage Paid After Sale Allowed against Capital Gains

Rakhi Gifts: Who Qualifies as a Relative for Income Tax?

Delhi ITAT Quashes Time-Barred Section 153C Assessments After Section 127 Transfer

Delhi ITAT: MAP Rate Not Binding After PE Functions Change, Attribution Cut 15% to 12%

Pune ITAT Upholds Section 12A Rejection and 12AB Cancellation for Non-Response to Notices

Delhi ITAT Deletes 2% Ad Hoc Commission on Cash Deposits, Accepts Actual Agent Commission

Pune ITAT: Section 11 Exemption Cannot Be Denied for Belated Form 10B Filing

Bangalore ITAT: Trust Taxable on Net, Not Gross Receipts, Even If Section 11 Fails

Fake Deductions & Refunds: Approach Before & After Income Tax Assessment

Business Expenses Allowed vs Disallowed While Filing ITR: Key Rules

Bangalore ITAT Admits Rule 29 Evidence, Restores Cash Deposit Issue to AO

Hyderabad ITAT: Reassessment on Same Material Is Change of Opinion

Bangalore ITAT: Demonetised Notes for Members’ Loan Recovery Not Taxable U/s 68

Form 48: Accountant’s Report for International & Specified Domestic Transactions
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.
