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 Deletes Section 270A Penalty for Estimated Section 80P Disallowance

ITAT Deletes Section 270A Penalty for Estimated Income Accepted in Assessment

ITAT Deletes Section 270A Penalty on Section 14A Disallowance

ITAT Deletes Section 270A Penalty Where Leave Encashment Claim Was Bona Fide

ITAT Quashes Section 270A Penalty on Debatable Leave Encashment Claim

ITAT Deletes Section 68 Addition on Share Sale Proceeds, Taxes Only Profit Element

SC Dismisses Revenue SLP on Section 68 Addition & Licence Fee Dispute

Delhi HC Upholds Deletion of Section 68 Addition on Genuine Trade Advances

ITAT Bangalore Excludes Multiple TP Comparables for Captive Software Services

ITAT Pune Excludes Multiple TP Comparables in Software Services Case

ITAT Deletes Notional Interest Adjustment on AE Receivables Following Kusum Healthcare

ITAT Partly Allows TP Appeal by Excluding Cybercom as Software Comparable

ITAT Delhi: Interest on AE Receivables Chargeable Only Beyond 150 Days

ITAT Delhi Excludes Two TP Comparables, Deletes AE Receivables Adjustment
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.
