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.
ITAT Mumbai: Reopening Beyond 3 Years Invalid Where Escaped Income below ₹50L-Notice u/s 148 Quashed
Shilpa Shetty Kundra’s ₹12.54 Crore Gift from Husband Lands Before ITAT & What Every Taxpayer Must Know
TDS on Sale of Property by Resident and NRI Sellers
How to Avoid TDS on FD Interest: Form 15G, 15H v/s. New Form 121
ITAT Mumbai: Vague Purpose in Form 10 Can Jeopardize Sec 11(2) Claim-Matter Remanded for Verification
ITAT Mumbai: Redevelopment Hardship Compensation is Capital Receipt-Addition Deleted for Double Taxation
ITAT Mumbai: Depreciation on Trademark Allowed-AO Cannot Revisit Claim in Subsequent Years
ITAT Mumbai: Delay in Filing Form 67 Not Fatal-Foreign Tax Credit Cannot Be Denied on Technical Grounds
ITAT Mumbai: BSNL VRS Compensation is Capital Receipt-Exempt u/s 10(10B); Delay Condoned
ITAT Mumbai: Reopening Invalid Without Proper Sanction-Entire Assessment Quashed
Delhi HC Quashed Reassessment Notice Due to Absence of ‘Asset’ for Extended Limitation
Excess Stock cannot be treated as Treated as unexplained investment without Evidence of Unexplained Sources
Section 68 Not Applicable to Genuine Sales Transactions Supported by Documentation
Co-Ownership with PArents Not Enough for Unexplained Investment Addition: ITAT Mumbai
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.
