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.
80P Deduction Denied Due to Late Filing of Return: HC Directs to seek Condonation
ITAT Chennai Deletes ₹20L Addition – Survey Statement Alone Not Enough
Section 68 Addition Deleted Due to Double Taxation of Recorded Sales Receipts
Section 68 Addition Deleted Due to Explained Cash Sales in Books
Addition Sustained Due to Unexplained Cash Shortage but Deleted for Proven Advances
Cash Deposits Cannot Be Treated as Unexplained When Books of Account Are Accepted
Section 68 Addition Deleted Due to Explained Business Receipts in Books of Accounts
Cash Deposits Not Unexplained Due to Proven Sale Consideration: ITAT Deletes Addition
Taxation of Life Insurance Policies under Income Tax Act, 1961
Virtual Digital Assets (VDAs) under Income-tax Act, 1961
Tax on Winnings From Online Games: Section 115BBJ of Income-tax Act, 1961
Tonnage Tax Scheme (TTS) under Chapter XII-G of Income-tax Act
Section 10(23C) Exemption to Educational, Medical, Charitable & Religious Institutions
Taxation of Political Parties and Electoral Trust
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.
