Income Tax
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Delhi HC Sets Aside Seven ITAT Appeal Orders Passed With Undue Haste

Excess Recovery Beyond 20% of Disputed Tax Demand Must Be Refunded: Rajasthan HC

Technical Error Cannot Defeat Section 12AB Renewal: Mumbai ITAT

Inoperative PAN Higher TDS Demand Remanded for Fresh Verification: ITAT Delhi

Debt-Free Company Not Liable for Notional Interest on AE Receivables: ITAT Chennai

Marine Engineering Training Is Education: ITAT Restores Section 11 Exemption for Four Years

No PE for US Company; Reimbursements Not Taxable as FIS: ITAT Mumbai

Section 56(2)(vii)(b) Cannot Automatically Apply to Unconstructed Flat: ITAT Mumbai

Decoding Form 10B or Form 10BB: Three Tests Determine Correct Audit Report

Redevelopment Transit Rent Is Capital Receipt Regardless of Actual Spending: ITAT Mumbai

Source-of-Source Proviso Inapplicable to AY 2011-12: ITAT Chennai Deletes ₹17 Cr Addition

Section 69A Addition Deleted Where Cash Deposits Related to Accepted Business Turnover: ITAT Chennai

General Deficiency Finding Cannot Sustain Section 12AB Rejection: ITAT Chennai

Additional Export Records Require Fresh AO Examination: 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.
