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.
Cash Loan Additions Based Solely on Third-Party Statement Deleted: ITAT Delhi
Section 271B Penalty Deleted After Belated Tax Audit Report Accepted in Reassessment: ITAT Chennai
Defect in Section 143(2) Notice Format Is Curable Under Section 292B: ITAT Bangalore
CBDT Amends Rule 157 to Align Specified Fund Definition with Rule 114AAB
CBDT Notifies District Legal Service Authority, Jind for Section 11 Exemption
CBDT Notifies District Legal Services Authority, Jind for Section 10(46) Income Tax Exemption
Section 148 Notice Quashed for Lack of Tangible Material & Opinion Chnage: ITAT Chennai
Interest Disallowance Not Sustainable Where Own Funds Exceed Investments: ITAT Bangalore
Section 12AB Registration & 80G Approval Cannot Carry Conditional Caveat: ITAT Mumbai
HRA Exemption not Deniable When Employer Pays Rent & Recovers It from Employee: Gujarat HC
Payments to Insurance Aggregators Allowable as Business Expense: ITAT Mumbai
Cash Loans from Relatives Accepted After Proving Identity, Creditworthiness & Genuineness: ITAT Panaji
Section 194A TDS Deductible on Interest Earned on MACT Fixed Deposits: Kerala HC
Insurance Compensation Adjusted Against Fire Loss Cannot Be Taxed Again: ITAT Chennai
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.
