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.
Covid Lockdown Delay in PF-ESI Deposit Does Not Warrant Disallowance: ITAT Chandigarh
Wrong Section 151 Approval Invalidates Reassessment Beyond Three Years: ITAT Mumbai
Reassessment Invalid Without Mandatory Section 143(2) Notice: Allahabad HC
Madras High Court: Section 45-IC Statutory Reserve Not Deductible by NBFC
ITAT Chennai: Rs.1 Crore Section 10(23C) Limit Applies Separately to Each School
ITAT Ahmedabad Quashes Section 263 Revision as ESOP Deduction Was Duly Examined
ITAT Mumbai Deletes Section 56 Addition as Property Agreement Predated Amendment
ITAT Mumbai Upholds Section 263 Revision on Depreciation for Toll Collection Rights
ITAT Mumbai: Section 12AB & 80G Renewal Rejections Remanded for Fresh Adjudication
ITAT Mumbai: Formal Trust Deed Not Mandatory for Section 12AB Renewal
Bombay HC Quashes Reassessment for Total Non-Application of Mind by Tax Authorities
ITAT Chennai: Debenture Interest Taxable on Conversion Into Equity Shares
Seized Diamonds Must Be Released After Section 132B Time Limit: Gujarat HC
Consistently Accepted Fundamental Tax Position Cannot Change Without Material Change: SC
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.
