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 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
Gujarat HC Upholds Section 148 Reopening Based on Tangible Material in Penny Stock Case
Cash Deposit Before Registered Sale Indicates On-Money Receipt: Delhi ITAT
Madras HC Upholds Reopening Within 4 Years Based on TDS Default on Foreign Payment
Karnataka HC: Cashless Exercise of Stock Options Gives Rise to Long-Term Capital Gains, Not Salary
Parent Company Subvention to Prevent Subsidiary Losses Is Capital Receipt: ITAT Pune
ITAT Bangalore Remands Goodwill Amortisation and Transfer Pricing Issues for Fresh Review
ITAT Delhi Deletes ALP Adjustment on Imported Capital Goods, Removes Mark-Up on Cost-to-Cost Reimbursements
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.
