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 Allows Advertisement Expenses as Sponsorship & Promotional Activities Were Business-Related
ITAT Bangalore Condones Appeal Delay Due to Assessee Filing Returns Under New PAN
Unexplained Money Addition Quashed as Transactions Were Conducted on Behalf of Bank
LTCG Addition Quashed as Revenue Relied Solely on Uncorroborated Third-Party Diary Entries
Section 14A Disallowance Cannot Exceed Exempt Income Earned: ITAT Delhi
No Equalisation Levy on Google Ad Reimbursements as Services Were Provided to Foreign Subsidiary
SC Refuses to Rule on Draft Assessment Order Dispute as Statutory Appeal Remedy Exists
Income Tax Assessment Orders Set Aside as Revenue Issued Demand Notice Along With Alleged Draft Order
ITAT Grants 50% Telescoping Relief as Earlier On-Money Income Was Accepted
LTCG Addition deleted as Revenue Failed to Link Assessee With Penny Stock Manipulation
Kerala HC Dismisses Section 14A Disallowance Appeal as No Exempt Income Was Earned
Section 54F Exemption Allowed as Demolition of New House Is Not a Transfer: ITAT Visakhapatnam
ITAT Rajkot Quashes Reassessment as Escaped Income Was Below ₹50 Lakh Threshold
ITAT Deletes Gold Addition as Jewellery Limits as per CBDT Instruction 1916 Applied
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.
