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.
Recovery Stayed in High-Pitched Assessment Pending Section 220(6) Appeal: Calcutta HC
Section 43CA Inapplicable to Pre-2013 Allotment Agreements and 5% Value Difference: ITAT Mumbai
No-Risk Status & Working Capital Adjustment Allowed in TP Analysis: ITAT Delhi
Interest on Borrowed Funds Deductible U/s. 48 Before FA 2023 Amendment: ITAT Mumbai
Interest on Borrowed Funds Allowed U/s. 48 Before AY 2024-25: ITAT Kolkata
Interest on Borrowed Funds Forms Part of Cost of Acquisition: ITAT Delhi
BSNL VRS Compensation Qualifies for Section 10(10B) Exemption as Retrenchment Compensation: ITAT Pune
BSNL VRS Compensation Exempt U/s.10(10B) as Retrenchment Compensation: ITAT Pune
Section 80JJAA Deduction Cannot Be Denied for Delayed Form 10DA Verification: ITAT Jaipur
Interest on Borrowings to Retain Business Control Allowable U/s 36(1)(iii): Delhi HC
Only Profit Element Taxable for Transport Booking Agent; Income Restricted to 3%: Pune ITAT
Only 2% Net Profit on Unaccounted Sales Taxable: ITAT Mumbai
Investor Cannot Be Denied Section 10(35) Exemption for Mutual Fund Violations: Pune ITAT
Why My Income Tax Increased Sharply for Income Just Above Rs. 12 Lakh?
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.
