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.
Appraisal Report Alone Insufficient for Section 69 On-Money Addition: Ahmedabad ITAT
ITAT Kolkata Allows Section 80IE Deduction Despite Belated Filing of Form 10CCB
Revenue Appeal Not Maintainable During IBC Moratorium: Delhi ITAT
Section 56(2)(viib) Addition Fails Where Share Premium Is Below DCF-Based FMV: Delhi ITAT
Madras HC Quashes Third Reassessment Attempt After Department Dropped Earlier Proceedings
Madras HC Quashes Reassessment Where No Addition Was Made on Recorded Reason for Reopening
Bombay HC: Assessee Cannot Seek Relief on ₹16 Lakh Already Disallowed in Income Computation
ITAT Mumbai Deletes ₹1.71 Crore Section 68 Addition on Advance Received & Refunded Through Banking Channels
ITAT Mumbai Deletes Section 68 Addition on Repaid Unsecured Loans Through Banking Channels
ITAT Mumbai Upholds 0.5% Corporate Guarantee Fee, Allows ESOP Deduction
Fresh ₹216.78 Crore ESOP Deduction Claim Can Be Raised Before Appellate Authorities: ITAT Mumbai
ITAT Ahmedabad Quashes Section 263 Revision Over Change of Disallowance Provision
Madras HC: Section 80IB Deduction Need Not Reduce Section 80HHC Relief
Bangalore ITAT Condones 4-Year Delay as Assessee Bona Fide Pursued Section 119(2)(b) Remedy
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.
