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.
Stamp Duty Value Cannot Be Adopted Without DVO Reference When Objected by Assessee
Buyback Not Taxable as Property Acquisition Due to Share Extinguishment: Delhi HC
Advertisement & Promotion Expenses Allowed as Revenue Due to Non-Project Nature
Concessional Section 115BAA Tax Benefit allowable Despite Delay in Filing Form 10-IC
ITAT Mumbai Allows Section 80P(2)(d) Deduction on Interest from Co-op Banks as Co-op Societies
Search on Others Can’t Extend Reassessment Limit Without Assessee-Specific Seized Material
Section 12AB Registration Cannot Be Denied for Non-Commencement of Activities: ITAT Chennai
ITAT Pune Allowed Exemption Despite Delay in Form 10/10B Filing
R&D Deduction Cannot Be Denied When Valid Approval Exists: ITAT Delhi
ITAT Deletes Additions Due to Lack of Evidence Supporting Bogus Expense Claims
Expenditure Disallowance Sent Back Due to Lack of Verification of Evidence
Foreign Tax Credit Allowed if Form 67 Filed Before Assessment Completion
Section 68 Addition deleted due to Established Identity, Creditworthiness & Genuineness
Calcutta HC Orders Reply in 2 Weeks in 12-Year-Old Tax Appeal Delay Case
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.
