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.
FAQs on Maintenance of books of accounts under Income Tax Act, 1961
Interest Disallowance Remanded as AO Made Addition Without Proper Verification: ITAT Ranchi
ITAT Deletes Bogus LTCG Addition in absence of Independent Inquiry & Corresponding Bank Credits
FAQs on Section 80TTA and Section 80TTB deduction
ITAT Reduces Profit Estimation to 3% as 8% Was Excessive for Electronics Trading Business
Telangana HC Allows Withdrawal of Income Tax Reassessment Challenge with Liberty to Refile
ITAT Deletes Additions as Transactions Belonged to Separate Partnership Firms with Different PANs
No Section 56(2)(viib) Addition if Share Premium Difference Fell Within 10% Safe Harbour: ITAT Delhi
ITAT Quashes Assessment as Section 143(2) Notice Was Issued by Non-Jurisdictional AO
No Section 69A Addition for Cash Deposits Explained by Disclosed Instrument Charges
AMP Expenditure Allowed as No Reimbursement Was Proved: ITAT Delhi
Kerala HC Sets Aside ITAT Order as It Proceeded on Erroneous Assumption
Kerala HC Directs ITO to Reconsider Section 80P Claim as Delay in Filing Return Was Condoned
Section 271D Penalty Challenge Relegated to Statutory Remedy as Facts Were Disputed
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.
