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 Grants Partial Relief as Family Savings for Wife’s Cancer Treatment Were Found Credible
Assessment Quashed as Section 153D Approval Was a Mechanical Exercise: ITAT Dehradun
ITAT Deletes Management Fee TP Adjustment as Issue Was Already Decided in Earlier Years
Section 153D Approval Was Granted Mechanically – ITAT Delhi Quashes Assessments
Delhi HC Upholds ITAT Rectification as Retrospective Section 80P(2)(a)(iii) Amendment Applied from 1968
Reassessment for AY 2015-16 Quashed as Notice Was Time-Barred: ITAT Bangalore
Compensation for Cancelled Land Sale Allowed as It Was for Commercial Expediency: ITAT Chennai
Protective Assessment Deleted as Assessee Not Found Beneficial Owner of Foreign Assets
Undated recorded reasons for reopening: ITAT Delhi Quashes Reassessment
Delay in Form 10-IC Condoned as Procedural Lapse Cannot Defeat Section 115BAA Benefit: Bombay HC
SC Dismisses SLP as Advance Sale of Room Nights Issue Was Already Covered by Precedent
Bombay HC Dismisses Tax Appeal as Advance Room Night Receipts issue Already Settled in Earlier Years
No TP Adjustment Allowed if Foreign LLC Income Was Already Taxed in India: ITAT Delhi
Section 194C TDS not applies on materials purchased for installation work: ITAT Kolkata
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.
