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.
Startups Can Claim Section 80-IAC Deduction from First Year of DPIIT Recognition: ITAT Pune
Eight-Year Delay in Filing Appeal Not Condoned as Assessee Had Prior Knowledge of Demand: Karnataka HC
Appellate Kill Shot to Reassessment Notices Under Section 148/148A
ITAT Directs AO to Follow APA as Royalty Transaction Became Covered Under New Agreement
ITAT Remands TP Adjustment as AE Transaction ALP Was Computed Using Incorrect Entity-Level Method
Every Foreign Asset Is Not a Black Asset: Lessons from Two Recent Tribunal Rulings
Periodic dredging to maintain existing jetty was revenue expense, not capital outlay: ITAT granted ₹4.49 Crore Relief
ITAT upheld additional depreciation on new tanks used for storage of raw materials and finished goods
APA Refund Reduces Taxable Royalty, No PE in India: Bombay HC
Old vs New Tax Regime: Complete Comparison of Deductions & Tax Benefits
ITAT Chennai Dismisses Appeal as Reassessment Made No Fresh Additions
ITAT Delhi Set Aside Transfer Pricing Addition as Selected Comparables Were Functionally Different
CSR Donations Qualify for Section 80G Deduction: ITAT Delhi
Nil LTCG Tax or Higher Demand? Section 112 Utility Computation Sparks Legal Debate
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.
