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.

Gujarat HC Upholds Section 153C Notices as Seized Gold Related to Assessee

Delay Cannot Defeat Genuine TDS Refund Claim: Gujarat HC

Gujarat HC Condones Delay in Form 10B Filing Due to CA’s Illness

Bombay HC Quashes Final Assessment for Failure to Issue Draft Order Under Section 144C

ITAT Bangalore Remands Section 69A Addition for Verification of Liquor Business Receipts

Stockist/Dealer Discounts Are Not Commission Under Section 194H: ITAT Mumbai

Trade Discounts to Dealers Not Liable for TDS Under Section 194H: ITAT Mumbai

Overseas and Domestic Comparables Can Be Used Under CUP: ITAT Mumbai

Bombay HC Upholds Deletion of Section 68 Addition as Creditworthiness Was Established

ITAT Chennai Excludes Goodwill Amortization from Operating Cost in TP Case

Mumbai ITAT: Builder’s Statement Alone Cannot Justify On-Money Addition

Chennai ITAT: Loose Diary Entries Cannot Justify Additions Without Corroboration

Bombay HC Upholds ITAT Order Quashing Reassessment for Lack of Independent Reasons to Believe

Mumbai ITAT: Sole Executor Entitled to Individual Slab Rates, Not Maximum Marginal Rate
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.
