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 Sales During Demonetisation Cannot Be Rejected on Mere Suspicion: ITAT Delhi
Section 54F Exemption Allowed on Sale of Redeveloped Flat: ITAT Mumbai
Section 28 Land Acquisition Interest Exempt as Enhanced Compensation: ITAT Delhi
AO Cannot Reject Assessee’s Chosen Rule 11UA Valuation Without Defect: ITAT Delhi
Share Valuation Must Follow Rule 11UA Applicable for Relevant AY: Delhi HC
Bogus Purchase Addition Cannot Be Based on Suspicion Alone: ITAT Chennai
Section 69 Addition Deleted as No Evidence Linked Joint Holder to Alleged On-Money: ITAT Mumbai
No Section 271(1)(c Penalty on Additional Income Declared in Section 153A Return: ITAT Delhi
WhatsApp Chats Accepted as Evidence, On-Money Addition Limited to 25%: ITAT Mumbai
Section 50C Amendment Retrospective for Agreement Date Valuation: ITAT Mumbai
Leave Encashment Exemption Cannot Be Refused Merely Because Form 16 Omits It: ITAT Pune
CBDT Notifies NPCIL Asset Transfer to ASHVINI as Tax-Neutral U/s. 47(viiaf)
CBDT Approves IIIT Dharwad for Scientific Research Under Section 45
CBDT Notifies NaBFID Ten Year Zero Coupon Bond
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.
