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.

Delhi HC Allows Inspection of Foreign Tax Documents as Fair Cross-Examination Rights Must Be Protected

ITAT Delhi Deletes Section 69A Addition as Sales Were Recorded in Books

ITAT Allows Carry Forward of LTCG Loss as Section 54F Exemption Must Be Applied First

SC Upholds Delay Condonation in Form 10B Filing as Audit Report Was Already Submitted

Sale of Stridhan Jewellery Cannot Be Rejected Solely Due to Absence of Wealth Tax Return: ITAT Mumbai

Reassessment Invalid Where Seized Document Did Not Match Agricultural Land Sale: Gujarat HC

No Section 271D Penalty Without Recorded Satisfaction: Telangana HC

ITAT Kolkata Remands Rs. 3.30 Cr Section 271D Penalty Case

Demonetisation Cash Deposit Addition Sent Back due to Natural Justice Violation

Digital Companies Earn From India Without Fair Tax Liability

SC Upholds Quashing of Section 148 Notices Issued to Foreign GE Group Entities

No TDS on Bandwidth Payments as IPLC Charges Are Not Royalty: Madras HC

Escaped Income Below ₹50 Lakh? Reopening After 3 Years Is Dead on Arrival: ITAT Quashes NRI Reassessment

Software Licences Aren’t Capital Assets: ITAT Allows ₹37.87 Crore Deduction to BNP Paribas
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.
