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.
12.5% Bogus Purchase Addition Sustained as Transport & Consumption Evidence Was Missing
Section 68 Addition Cannot Be Sustained as Suspicion Alone Is Not Evidence: ITAT Delhi
ITAT Allows Additional R&D Deduction as AO Granted Only 100% Instead of 200%
Assessment Challenge Fails as AO Cannot Question Commercial Wisdom of Borrowing
Chhattisgarh HC Dismisses Income Tax Writ Appeal as No Ground Existed to Issue Mandamus
TP Adjustment Set Aside for Failure to Prove Profit Shifting Under Section 80-IA(10)
Lack of Proper Legal Advice Sufficient to Condon Appeal Delay: ITAT Ahmedabad
ITAT Remands Section 69A Addition as Additional Evidence Goes to Root of Dispute
Section 69 Addition Deleted as Property Investment Was Made in Earlier Year
ITAT Deletes TP Adjustment as Earlier Coordinate Bench Ruling Was Binding
Transfer Pricing Addition Deleted Because ALP Was Fixed at Nil Without Prescribed Method
Can Updated Return Be Filed After Notice Under Sections 143(2), 148A or 148?
Madras HC Upholds Income Tax Search as Section 132 Challenge Failed
ITAT Quashes Reassessment as ITO Lacked Jurisdiction Under CBDT Instruction No. 1/2011
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.
