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 Grants Section 12AB Registration Despite Member-Related Incidental Objects

ITAT Restricts Estimated Commission on Cheque Discounting to 0.35 Percent

CBDT Circular Non-Compliance Does Not Invalidate Section 143(2) Notice: ITAT Delhi

ITAT Upholds Section 115BBE on Excess Stock, Deletes Duplicate Income Additions

ITAT Allows Carry Forward Loss Set-Off Under Section 80, Remands Quantification

ITAT Jaipur Sets Aside Reassessment Notices Issued Beyond Limitation

No Section 69 Addition on Basis of Unverified Excel Sheets & Pen Drive Data: Mumbai ITAT

Trust Registration Cannot Be Denied for Minimal Activities or Low Expenditure: Raipur ITAT

Chandigarh ITAT Deletes Capital Gains Addition for Lack of Beneficial Ownership

Hyderabad ITAT Deletes LTCG Addition as Plot Sales Already Taxed Under Section 44AD

Kolkata ITAT Allows Section 43B Deduction; No Merger of Section 143(1) with Scrutiny Assessment

Patna ITAT Deletes Demonetisation Cash Deposit Addition Backed by Agricultural Income

BCCI Not Taxable on Foreign World Cup Match Income Managed Through PILCOM: ITAT Mumbai

SC Refuses to Revive Section 148 Reassessment Notices Against GE Group Companies
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.
