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.
Telangana HC Quashes Time-Barred Reassessment Notice Under Section 148
Agricultural Land Also Covered Under Section 56(2)(x): ITAT Surat
7-Day Opportunity Not a Valid Hearing, Restores Section 69C Credit Card Addition: Mumbai ITAT
How TDS on Purchase of Goods Changed Business Compliance in India?
10% Safe Harbour Under Section 56(2)(x) Applies Retrospectively: Mumbai ITAT
Perpetual Losses Cannot Kill a Royalty Deduction: Delhi High Court
Section 69A Not Applicable to Recorded Bank Loans Tagged as Accommodation Entries: ITAT Mumbai
Section 12AB & 80G Applications Cannot Be Rejected by Ignoring Replies Filed Before ITO: Bangalore ITAT
High-Pitched Assessment Should Be Decided on Merits, Not Buried Under Delay Technicalities: ITAT Bangalore
ITR-1 Decoded: Hidden Issues & Common Taxpayer Confusions: Part II
Protective Addition Cannot Continue Once Substantive Addition is Sustained Elsewhere: Bangalore ITAT
ITR-1 Decoded: Hidden Issues & Common Taxpayer Confusions: Part I
Entire Bogus Turnover Cannot Be Taxed as Income, Only 1% Commission Taxable: ITAT Mumbai
ITAT Remands Cash Deposit Addition as Assessee Failed to Prove Business Activity
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.
