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.
CBDT Notifies NCCL Core Settlement Guarantee Fund Under Section 11
CBDT Notifies NCCL Core Settlement Guarantee Fund for Section 10(23EE) Exemption
Salaried Taxpayers Can Pay Nil Tax Up to ₹12.75 Lakh Under New Regime
BSNL VRS-2019 Compensation Exempt as Retrenchment Compensation: ITAT Pune
Consolidated Satisfaction Note for Multiple Years Invalidates Section 153C Jurisdiction: ITAT Delhi
Sections 276CC, 278B Prosecution Quashed as Director Resigned Before Return-Filing Default: Bombay HC
FAQs on Foreign Asset Investigation Units & Black Money Act 2015
No penalty u/s 271DA as there was no proof of section 269ST violation
Unregistered Charitable Trust Can Claim Section 57(iii) Deduction Against Gross Receipts: ITAT Mumbai
Section 56(2)(x) Applicability Depends on Agreement Date; Mistaken Tax Payment Refundable: ITAT Mumbai
APMC Commission Agent Not Taxable on Entire Sale Proceeds; Section 69A Issue Remanded: ITAT Bengaluru
Return Filed Under Correct PAN Cannot Be Ignored Due to Duplicate PAN: ITAT Bengaluru
Old Currency Deposits From Identified Members Not Section 69A Unexplained Money: ITAT Bengaluru
Anticipatory Bail to Former IAS Officer was dismissed as there was possibility of tampering evidence in corruption case
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.
