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.
CIT(E) Cannot Reject 12AB Registration Merely Because Trust Is Religious: Bangalore ITAT
Bangalore ITAT: Teaching Arabic & Islamic Studies Is “Education”, Not Religious Activity – U/s 12AB & 80G Approval Directed
Bangalore ITAT Grants Relief in Section 50C Addition – DVO Valuation in Co-Owner’s Case Accepted Over Stamp Duty Value
ITAT Deletes Addition Because Stamp Duty Value Ignored Illegal Construction
Bangalore ITAT Slashes Estimated Profit from 15% to 7% – Best Judgment Assessment Cannot Be a “Blind Guess”
Mumbai ITAT in Sonu Sood Case: Fresh Statement u/s 131 During Search Can Reopen Completed Assessments
When Filing Income Tax Return Is Compulsory Even Without Taxable Income
SC Allows Deduction of Grants as They Were Part of Statutory Business Activity
Service PE Not Created as Only Unique Solar Days Count Under India-US DTAA
Telangana HC Quashes Reassessment by Jurisdictional AOs After Faceless Scheme Implementation
What is Income Tax Form 157 and Who Needs to File It?
Section 56(2)(x) Not Applicable Before 01.04.2017: ITAT Delhi
ITAT Allows Section 54B Deduction as Agricultural Land Was Purchased Within Two Years
ITAT Allows TDS Credit as Denial Was Due to Inadvertent Omission by AO
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.
