Income Tax
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Section 14A Disallowance Not Allowed as No Exempt Income Was Earned

Capital Gains from Sale of Multiple Residential Houses Eligible for Section 54 Exemption If Invested in One Residential House

Unsecured Loans from Paper Entities Are Unexplained Cash Credits u/s 68: ITAT Mumbai

DCF Share Valuation Accepted as AO Could Not Replace Prescribed Method with NAV

ITAT Deletes Section 68 Addition as Assessee Proved Identity, Creditworthiness & Genuineness

Section 10A Deduction Allowed Before Chapter VI Computation as Benefit Is Undertaking-Specific

ITAT Allows Section 80JJAA Deduction as One-Day Delay in Form 10DA Was Procedural

No TDS on Ship Lease Rent Paid to Eligible IFSC Units: CBDT

Lower / Nil TDS Certificate for NRI Payments: Form 128 & Form 129

Profit Below 6%: Has New Law Changed Old Section 44AD–44AB Principle?

TPO Cannot Compare Captive IT Service Provider With IP-Owning Risk-Bearing Companies: ITAT Mumbai

Senior Citizen/ Super Senior Citizen – Income Tax Benefits allowable

Armed Forces- Income Tax Benefits and Allowances Under Section 10(14)

Benefit to Non-Residents under Income Tax Act, 1961
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.
