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 148 Reopening Based on Fresh Survey Material
Madras HC Upholds Additions Based on Corroborated Loose Sheets
Madras HC Upholds Jurisdictional AO’s Power to Issue Section 148A Notice
No Section 43 BMA Penalty for Bona Fide Schedule FA Non-Disclosure of Foreign ESOPs
FCRA Renewal Rejection Alone Cannot Deny Section 12AB Registration: ITAT Mumbai
Insolvency Does Not Prevent Civil Arrest Without Statutory Protection: DRAT Chennai
Advance Sale Consideration Cannot Be Taxed as Unexplained Money: ITAT Hyderabad
Section 148 Notice Quashed for Lack of NFAC Jurisdiction: P&H HC
Bombay HC Quashes Section 148 Notice for AY 2015-16 as Time-Barred
Section 148 Reassessment Quashed for Non-Compliance with Section 151A: Karnataka HC
ITAT Hyderabad Allows TV Serial Production Cost as Revenue Expenditure
SC Refuses to Interfere with Capital Gains Ruling on JVA Termination
ITAT Remands Appeal Dismissed on Limitation, Applies SC COVID Extension Orders
Section 12AB Registration Cannot Be Rejected on Presumptive FCRA Violations: ITAT Chandigarh
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.
