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.
Reassessment Quashed for Approval by Wrong Authority Under Section 151(ii): ITAT Mumbai
Aircraft Lease Income Held Not Taxable Under Article 8 of India-Ireland DTAA: ITAT Mumbai
Aircraft Lease Income Held Not Taxable in India Under Article 8 DTAA: ITAT Mumbai
Foreign Exchange Gain Is Operating Income Under TNMM: ITAT Delhi
Remand Report Accepting Assessee’s Explanation Bars Additions: ITAT Delhi
One-Time Contractor Settlement Deductible Under Section 37: ITAT Chennai
Typographical Error in Form 10AB Cannot Defeat Section 12AB Registration: ITAT Mumbai
Section 264 Revision Quashed for Cursorily Dealing with Contentions: Gujarat HC
Section 151 Sanction by Incorrect Authority Invalidates Section 148 Reassessment: ITAT Delhi
Section 80-IA(9) Restricts Double Deduction Without Reducing Gross Total Income: Madras HC
Section 68 Addition on Demonetisation Cash Deposits Restricted to ₹2 Lakh: ITAT Delhi
₹70 Lakh Property Investment Claimed from Husband’s Gift Remanded for Verification: ITAT Mumbai
India’s MLI Problem: Ratified, But Not Notified
Section 10(10D): Should Life Insurance Exemption Cover Entire Maturity Proceeds or Only Income?
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.
