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.
Draft Assessment Order Mandatory for Foreign Company Under Section 144C: Delhi HC
Consequential Assessment Cannot Survive After Section 263 Order Quashed: ITAT Mumbai
Joint Ownership Alone Cannot Attribute Wife’s Property Investment to Husband: ITAT Mumbai
“5kg Mangoes” WhatsApp Message Cannot Alone Prove Company’s Unexplained Cash: ITAT Mumbai
Entire WhatsApp Cash Corpus Cannot Be Taxed Without Ownership Nexus: ITAT Mumbai
Foreign Collaboration Clause Cannot Justify Section 12AB Registration Denial: ITAT Mumba
Calling MEIS Incentive a “Reward” Does Not Make It Capital Receipt: ITAT Mumbai
Wrong Clause Selected in Form 10AB Is Curable Error in 80G Application: ITAT Mumbai
No Trust Deed Cannot Bar Section 12AB Renewal of 3 Mumbai Churches: ITAT Mumbai
ITAT Quashes ₹29.65 Crore Additions as Fresh Section 148 Notices Were Time-Barred
120-Day Release of Seized Cash Under Section 132B Referred to Larger Bench: Gujarat HC
Excess Section 14A Disallowance in Return Can Be Corrected in Appeal: ITAT Mumbai
Debenture Interest Satisfied Through Shares Taxable on Conversion: Madras HC
Mark-to-Market Loss on Physical Silver Held as Trading Stock Allowable: 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.
