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.
No Coercive Income Tax Recovery After 7-Year Delay in Appeal Disposal: Andhra Pradesh HC
Delhi ITAT: Genuine Depreciation Claim Cannot Be Denied for Schedule DPM Omission
Delhi ITAT: Section 12AB Registration Cannot Be Cancelled for Engaging Builder for Staff Housing Project
Delhi ITAT: Enhanced Security Expenses During Directors’ Dispute Are Allowable Business Expenditure
Alleged Commission Addition Cannot Rest on Loose Third-Party Papers & WhatsApp Chats: ITAT Delhi
Uncorroborated WhatsApp Chats Alone Cannot Sustain Section 69A Addition: Delhi ITAT
Section 68 Addition Deleted for Loan Funded from Bank Borrowing: ITAT Rajkot
Donations from Identified Donors Cannot Be Taxed as Anonymous Donations: Delhi ITAT
Assessment Ignoring DRP Directions on Transfer Pricing Adjustment Quashed: ITAT Delhi
No Addition Where Stamp Duty Value Difference Is Within Tolerance Limit: ITAT Rajkot
No Section 271(1)(c) Penalty if Reopened Return Was Accepted Without Any Addition: ITAT Delhi
Delhi ITAT: Demonetisation Addition Deleted Despite No Cash Balance in Earlier Section 44AD ITRs
No Section 14A Disallowance Without Exempt Income; Wrong TDS Section Doesn’t Trigger Section 40(a)(ia): Delhi HC
ITAT Chennai: CIT(A) Should Have Condoned 23-Day Delay & Decided Appeal on Merits
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.
