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.
ITAT Delhi Upholds 1% Income Estimate as Assessee Was Commission Agent
Sales Tax Subsidy Non-Taxable as It Was Meant for Industrial Development: ITAT Ahmedabad
Delhi HC Restrains Google for Allowing Trademark as AdWords Keywords
Can Capital Gains Exemption Be Claimed If House Is Bought in Spouse’s/Family Members Name?
Section 43B(h): MSME Payment Clause Every Business Must Understand
Income Tax Department: Double Standards
Section 68 Addition Deleted as Loan Genuineness & Creditworthiness Established
Section 68 Addition Upheld as Loans Were Accommodation Entries: ITAT Mumbai
ITAT Quashes Reassessment as AO Invoked Section 147 Instead of Section 153C
Gujarat HC Disposes Revenue Appeal as Tax Effect Was Below CBDT Monetary Limit
ITAT Allows Deduction for Hidden Expenditure as Entire On-Money Cannot Be Taxed
Entire On-Money Receipt Not Taxable as Only Embedded Profit Can Be Assessed
Section 68 Addition Upheld as Assessee Failed to Prove Genuineness of Loan Transactions
SC Dismisses SLP as Section 68 Addition Was Based on Tribunal’s Factual Findings
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.
