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.
Section 271C Penalty of ₹101 Cr Stayed for Belated TDS Deduction, Subject to ₹4 Crore Deposit: Madras HC
CSR Donations Eligible for Section 80G Deduction; Belated Form 67 Can’t Defeat FTC: ITAT Mumbai
Appeal Restored as ITBA Upload Alone Is Not Valid Section 282 Service: ITAT Bangalore
Section 12AB Registration Cannot Be Rejected Solely as Time Barred: ITAT Mumbai
AO Cannot Reject Registered Valuer’s Report Without DVO Reference: ITAT Delhi
ITAT Chennai Remands Global IT Services TP Adjustment, Orders Verification of Section 80JJAA Claim
Bank Liable for TDS on LFC with Foreign Travel Absent Court Protection: ITAT Agra
Consequential Assessment Void After Section 263 Order Is Set Aside: ITAT Mumbai
ITAT Mumbai Deletes Section 271AA Penalty for Bona Fide AE Non-Reporting
Invalid Section 148 Notice Service Leads to Reassessment Remand: ITAT Amritsar
Assessee Not Liable for TDS on Stockists’ Margins, ESOP Grants & MSME Interest: ITAT Mumbai
Section 244A Interest Cannot Be Denied for Post-Refund Determination Delay: Bombay HC
Bona Fide Wrong Tax Claim Not Concealment of Income: ITAT Panaji
No Section 68 Addition Without Incriminating Material in Search Assessments: ITAT Delhi
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.
