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.

Charitable Trust Not Taxable at Maximum Marginal Rate: ITAT Delhi

ITAT Nagpur Remands ₹5.20 Crore Section 68 Addition on Repaid Unsecured Loans

Gujarat HC Upholds Deletion of ₹32.20 Crore Section 68 Addition on Repaid Loans

Repaid Unsecured Loan Cannot Be Added Under Section 68: ITAT Surat

Delhi HC: FCCB Redemption Premium Is Revenue Expenditure

Allahabad HC: Section 148 Notice to Deceased Assessee Is Void Ab Initio

CBDT Urged to Cut Disputed Demand Deposit to 10%

New Form ITR-BN for Block Assessments: Filing Requirements, Issues & Challenges

Pune ITAT Restores U/s 12A and 80G Registration After Wrong Form 10AB Section Selection

Mumbai ITAT Limits Bogus Purchase Addition to 2% After Accepting Sales and Stock Records

Mumbai ITAT Deletes ₹30 Lakh Alleged On-Money Addition for Want of Corroborative Evidence

Bengaluru ITAT-Manual Signature on E-Assessment Order Does Not Invalidate Assessment

Salary Payments to Seconded Employees Not Subject to Section 195: Delhi HC

No TDS Under Section 194H on Trade Discounts to Stockists: ITAT Mumbai
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.
