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.
Chennai ITAT Quashes Section 263 Revision on Excess Stock Taxation
ITAT Agra Quashes Reassessment for initiation on a Non-Existent PAN
Section 54 Allowed on Flat Booking Rights, But Capital Gains on Gifted Share to Wife Clubbed Under Section 64(1)(iv)
ITAT Agra Quashes EPF/ESI Disallowance as Section 143(1) Adjustment not allowed for Debatable Issues
Section 54 Deduction Allowed Despite Joint Ownership as Assessee Funded Purchase: ITAT Chandigarh
ITAT Deletes Full Cash Deposit Addition as Business Income Was Already Accepted
Kerala HC Allows Premature Closure of Fixed Deposits to Enable Dividend Payment in Liquidation
AE Transactions Must Be Benchmarked Separately When Segmental Data Exists: ITAT Delhi
No Fixed Place PE in India as Customer Premises Were Not at Foreign Company’s Disposal: ITAT Delhi
ITAT Restores Section 271AAC Penalty as Quantum Assessment Was Set Aside
ITAT Delhi Remands Demonetisation Case as CIT(A) Failed to Pass a Speaking Order
No Notional Rent on Stock-in-Trade of Unsold Commercial Units: ITAT Delhi
Supreme Court Drew Tax-Fee Line Due to Quid Pro Quo
TDS on Residential Rent paid by companies : 2% vs 10% rule
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.
