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 12A Registration Cancellation Quashed for Lack of Jurisdiction: ITAT Delhi
Concessional Sugar Sale Issue Remanded; VSI Contribution Allowed: ITAT Pune
Section 263 Order Quashed as Issued Against Non-Existent Amalgamated Company: ITAT Ahmedabad
Section 148 SLP Dismissed on Delay & Merits, HC Order Undisturbed: SC
Section 57(iii) Deduction Allowed for Donations Towards Charitable Objects: ITAT Mumbai
Section 271AAB Penalty Deleted for Defective Notice: ITAT Jaipur
Section 153C Assessment Quashed for Invalid Satisfaction & Lack of Incriminating Material: ITAT Delhi
Section 10(10B) Exemption Allowed on BSNL VRS Second Instalment: ITAT Chandigarh
Section 80P Deduction Allowed on Bank Interest & Nominal Member Transactions: ITAT Pune
Section 147 Reassessment Quashed as No Income Escaped Assessment: ITAT Agra
Appeal Dismissed as AR Appeared Without Prescribed Uniform in Virtual Hearing: ITAT Cuttack
Section 37 Bogus Purchase & Section 69A Gold Addition Deleted: ITAT Mumbai
Section 56(2)(x)(b) Addition Remanded for DVO Reference Examination: ITAT Chennai
ESOP Discount Is Allowable Business Deduction, Not Contingent Liability: 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.
