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.
Form 166 and the Foreign TIN Problem: What the Revised CBDT Guidance Note Changes for Reporting Financial Institutions
Foreign Remittances Were Examined Once; AO Could Not Reopen on the Same Material
Statutory Deposit Interest Eligible for Section 80P Deduction: ITAT Bangalore
₹58 Lakh Property Sale Reassessment Remanded to Verify Joint Venture Share: ITAT Bangalore
Most Appropriate Transfer Pricing Method Depends on Reliable Transaction Evidence
GST Authorities Cannot Seize Cash During Section 67 Search: Rajasthan HC
“Misreporting” Is Not Enough: AO Must Tell the Assessee What Was Misreported
High Share Premium Alone Cannot Justify Section 68 Addition When Investor Credentials Proved: Bombay HC
Bombay HC Grants Fresh Section 264 Hearing Subject to ₹1 Lakh Costs on ₹4.24 Crore Addition
Business Funds Deposited in Banks Qualified for Section 80P Deduction: ITAT Bangalore
SC Declines to Interfere With Quashing of Section 153C Notices Lacking Search Nexus
Rule 8D Cannot Apply Without AO Recording Dissatisfaction: ITAT Bangalore
ITAT Bangalore Applies ₹25 Lakh Leave Encashment Limit to AY 2020–21
Goetze Does Not Bar Appellate Claim for BSNL VRS Exemption: ITAT Chennai
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.
