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.

Bangalore ITAT Allows Section 80P Deduction on Bank Interest, Distinguishes Totgars

ITAT Deletes Section 41(1) Addition on Unclaimed Student Caution Money Deposits

ITAT Allows Section 80G Registration Despite Religious Object Clause in Trust Deed

ITAT Allows Section 80P(2)(d) Deduction on Interest from Collateral Fixed Deposits

Rajasthan HC Quashes Section 276C Prosecution After ITAT Deletes Penalty

Gujarat HC Quashes Section 179 Proceedings Against Directors, Orders Fresh Notice

Gujarat HC Allows Section 80-I Deduction on Industrial Profits Without Section 32AB Reduction

Bombay HC Quashes Section 148 Notice for Escaped Income Below ₹50 Lakh

Mumbai ITAT Quashes Reassessment as Escaped Income Below ₹50 Lakh

Pfizer Ex-Gratia Payment as Capital Receipt, ITAT Pune Deletes Addition

Voluntary Ex-Gratia Under Pfizer Scheme Is Capital Receipt: ITAT Pune

ITAT Pune Deletes Tax on Pfizer Ex-Gratia Received Under Financial Scheme

Voluntary Separation Ex-Gratia Not Taxable as Salary: Pune ITAT

ITAT Deletes Addition on Pfizer Ex-Gratia Payment Treated as Capital Receipt
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.
