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.
Books Can’t Be Rejected Solely for Non-Audit; 8% Profit Estimate Quashed
Section 14A Disallowance Cannot Exceed Exempt Income: Bombay HC
Apartment Owners’ Association Not Taxable at Maximum Marginal Rate: ITAT Bangalore
ITAT Bangalore Allowed Section 80P Deduction on Interest from Scheduled & Co-op Banks
Payment to Trustees Alone Doesn’t Violate Section 13(1)(c): ITAT Bangalore
BSNL VRS Employee Gets Full Exemption Despite 1,577-Day Delay: ITAT Bangalore
Delay in Filing Form 67 Alone Cannot Defeat Foreign Tax Credit Claim: Bengaluru ITAT
AO Must Verify & Grant TDS Credit Instead of Denying It: Bengaluru ITAT
Mere Non-Deposit in Capital Gains Account Scheme Not Fatal to Section 54F Claim
ITAT Finds Cash-in-Car Explanation Incredible, Upholds ₹23 Lakh Addition
Reasoned justice prevails: ITAT Mumbai sets aside CIT(A)‘s Non Speaking Order
Delayed Form 10B Filing Not a Ground to Reject Section 11 Exemption: ITAT Jaipur
Bombay HC Admits AMP & Doctors’ Payment Issues as They Raise Substantial Questions of Law
Income Tax Rule 46(8): Mandatory Daily Backup of Electronic Books of Accounts
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.
