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.
No Double Taxation Allowed Even if Expense Claim Found Non-Genuine: ITAT Mumbai
DSIR’s Partial Approval Cannot Restrict Pre-2016 R&D Deduction Claim: ITAT Chennai
Gift from Mother Treated as Cash Credit: ITAT Allows Fresh Hearing
Satisfaction Note Without Link to Income Held Invalid: ITAT Cancels Section 153C Proceedings
Penny Stock Loss Addition deleted in absence of Share Price Manipulation Evidence
No TDS Disallowance on Branch Transfer & Remuneration to Partner
SC Upholds Reassessment as Approval Stating “Fit Case” Was Held Valid
ITAT Orders Fresh Hearing in Facebook Advertisement Payment TDS Case
No Section 41(1) Addition Permissible Without Proof of Cessation of Liability
ITAT Allows BAPA Margin for Non-US AE Transactions Due to Identical FAR Profile
Section 153C Proceedings Invalid if AO Failed to Record Proper Satisfaction: ITAT Delhi
Customs Valuation Difference Alone Cannot Prove Undisclosed Purchases: ITAT Mumbai
Reassessment Notice Quashed as Revenue Failed to Establish Link Between Assessee & Seized Material
Enduring Benefit or Recurring Necessity: Tax Treatment of Advertisement Expenditure
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.
