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.
Section 68 Addition Deleted Due to Lack of Evidence of Bogus Transactions
Delay in Claiming Investment Allowance Not a Ground for Rejection Without Proper Verification
ITAT Remands Case as Fresh Claim Cannot Be Rejected Solely Due to Delay
Cash Deposits During Demonetization Not Unexplained When Supported by Books: ITAT Delhi
ITAT Surat Allows Expense Linked to Settled Dues Despite No Business Income
Charitable Status Reconsideration Ordered as Fee-Based Activities Alone Not Grounds for 12AB Rejection
Selling Trust: The Quiet Problem of Product Mis-Selling in Indian Banking
ITAT Remands Case Due to Lack of Opportunity to Substantiate Bogus Expense Claim
Addition Deleted Due to Lack of Corroborative Evidence in Search-Based Case
Computerization of Form 121 (Earlier Form 15G & Form 15H)
Exemption Allowed as Sponsorship and Royalty were Incidental to Charitable Purpose: ITAT Delhi
Gratuity Deduction Can’t Be Denied for ITR–Audit Report Mismatch Without Verification
ITAT Remands ₹1.57 Cr Addition as NRE Deposit Evidence Not Properly Examined
SC dismissed SLP for Delay & Lack of Merit on Interconnect Charges Taxability
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.
