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.
Section 62(4) of Income-tax Act 2025: Closed List of Specified Professions Remains Unreformed
ITAT Quashes Assessments as Section 153D Approval Was Granted Mechanically
Karnataka HC Restores GST Proceedings for non-consideration of submitted documents
ITAT Remands Section 80P Deduction Dispute as Earlier Tribunal Ruling Was Not Considered
Interest on Enhanced Compensation Taxable under Section 56(2)(viii) post 2009 amendments
FTS Not Taxable Under Article 22 as India-Thailand DTAA Treats It as Business Income: ITAT Delhi
CAM Charges Cannot Be Treated as Rent as They Cover Common Area Services: ITAT Delhi
Delhi HC Admits Appeal as ITAT Relied on Inapplicable Section 56 Provisions for Valuation
ITAT Restores Protective Addition as Substantive Addition Had Not Attained Finality
SC Order Settled the issue of Taxability of International Software Supply Transactions?
Sales Accepted, Books Not Rejected: ITAT Cuts Bogus Purchase Addition to 5%
Part Payment Through Bank Does the Trick: ITAT Deletes Section 56(2)(vii) Addition Despite 7-Year Gap in Registration
ESOP Discount Allowed as Liability Accrues Over Vesting Period: ITAT Bangalore
No Section 68 Addition for Demonetization Cash Deposits Supported by Recorded Sales: ITAT Delhi
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.
