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 37(1) Business Expenditure Cannot Be Disallowed Without Adverse Findings: ITAT Jodhpur
Section 223(1) BNSS Hearing Mandatory Before Cognizance Under Income-tax Act: Madras HC
TDS Credit Cannot Be Denied for Employer’s Failure to Deposit Tax: ITAT Mumbai
1439-day delay in Filing Appeal Condoned & Matter Remanded for Fresh Assessment: ITAT Kolkata
Section 143(2) Notice & Valid Draft Assessment Mandatory U/s 144C: ITAT Mumbai
Section 148 Notice Quashed for Lack of Live Nexus With Seized Material: Gujarat HC
50-Year Lease Not a Transfer U/s. 2(47)(vi) Without Transfer Arrangement: ITAT Nagpur
Section 149 Limitation Bars Section 148 Reassessment Based on Search Material: Gujarat HC
Delayed Form 10B Filing Not Ground to Deny Section 11/12 Exemption: ITAT Surat
Section 80P(2)(d) Deduction Allowed on Interest & Dividend From Co-op Banks: ITAT Delhi
Circle Rate-Based Land Valuation Accepted for Section 56(2)(viib) FMV: ITAT Delhi
Section 10(10B) Exemption for BSNL VRS Compensation Allowed: ITAT Ahmedabad
Section 153C Assessment Quashed for Defective Consolidated Satisfaction Note: ITAT Delhi
Income Tax Refund Delay: Tracking, Causes and Section 244A Interest
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.
