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.
ITAT Bangalore Upholds Relief on Section 14A, MAT & Depreciation for Canara Bank
Capital Gains Taxable on Sale Deed Date, Not Receipt of Consideration: ITAT Hyderabad
Telangana HC Upholds Section 80P Deduction on Interest Income from Bank Deposits
No Proof of Proxy Flat Allotments, Section 80IB Deduction Allowed: ITAT Ahmedabad
Section 194Q Disallowance Deleted as Transmission Charges Outside Purchase of Goods: ITAT Delhi
ITAT Kolkata Upholds Relief on TP, Royalty, Lease Rent, Warranty; Remands Section 43B Issue
SC Clarifies ITR Basis for Computing Motor Accident Compensation
NFAC Reassessment Before Section 151A Notification Quashed: ITAT Kolkata
Section 80PA Deduction Disallowance Remanded for Fresh Adjudication: ITAT Pune
Section 143(1) Assessment Challenge Upheld as No Interference Warranted Under Section 153C: Delhi HC
Section 12AB Registration Rejection Set Aside for Rectification Opportunity: ITAT Mumbai
ESOP Discount Deduction Upheld Following Biocon Ruling: Bombay HC
Section 37(1) ESOP Discount Deduction Allowed as Business Expenditure: Delhi HC
Section 148 Reassessment Quashed for Invalid Section 151 Sanction: ITAT Mumbai
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.
