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.
Mere Filing of Form 10 Cannot Create Taxable Income: Bangalore ITAT Deletes ₹2 Crore Addition Against Educational Trust
Wrong PAN, Wrong Addition: ITAT Deletes ₹2.35 Crore Addition
Software Sale Not Royalty: Bangalore ITAT Follows Engineering Analysis, Rejects Revenue’s Plea Despite Review Petition
No Double Deduction If Loan-Funded Application Was Excluded Earlier: Bangalore ITAT Allows Trust’s Loan Repayment Claim
No Exempt Income, No Section 14A Disallowance: Bangalore ITAT Deletes ₹43.42 Lakh Addition
Bangalore ITAT Rules SBN Deposits Received Before 31.12.2016 Are Not Unexplained Cash Credits
ITAT Deletes Section 69 Addition as Seized Loose Document Lacked Corroborative Evidence
Capital Spending on School Infrastructure is Application of Income: ITAT Delhi
CA Acting as Conduit for Clients’ Tax Payments Cannot Be Taxed on Deposits: ITAT Chennai
Revised Return Not Essential Before Appellate Authorities for Additional Tax Claims
Daughter’s Bank Account Can’t Be Frozen for Father’s Tax Dues: Telangana HC
Bank Cannot Be Treated as TDS Defaulter for Complying With HC Orders
ITAT Deletes TDS Demand on LFC Payments as Bank Followed HC Orders
Telangana HC Upholds Rejection of Updated Return During Pending Scrutiny Assessment
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.
