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.

Transfer Pricing ALP Adjustment Remanded for Fresh FAR Analysis of Comparables: ITAT Delhi

Section 270A Penalty Deletion Upheld as SCN Was Vague: ITAT Kolkata

Section 11 Exemption Restored as Section 13 Violation Not Established: Telangana HC

ITAT Mumbai Restores Section 12AB Registration of Pre-1961 Trust

Section 54EC Exemption Allowed on Development Rights Consideration: ITAT Mumbai

Sold Your Flat? How to Legally Save Capital Gains Tax by Reinvesting

Sold Shares & Equity Mutual Funds? Here’s Your Tax Liability

Section 80P(2)(d) Deduction Allowed on Interest from Co-operative Bank Deposits: ITAT Pune

Debt vs Equity Mutual Funds: Why Broker Capital Gain Reports Can Mislead ITR Filing

HUF Tax Benefits, Eligibility, Deductions & Separate Tax Status

Section 154 Rectification Rejected as Wrong Deductor Details Required Verification: ITAT Pune

Gratuity Trust Contribution and Export Commission Allowed After Subsequent Trust Approval: ITAT Mumbai

Section 153A Additions Rejected for Absence of Search Incriminating Material: Bombay HC

Section 148 Reassessment Appeal Dismissed as Proceedings Continued Against Deceased Assessee: Calcutta HC
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.
