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.
No Building Approval, No 12AB-Yet ITAT Grants Fresh Chance Due to Short Compliance Window
CBDT Notifies PAN CR-01 & CR-02 Forms to Simplify PAN Data Corrections
ESOP Discount Allowable as Business Expenditure; ITAT Follows Karnataka HC, Revenue Appeal Dismissed
Updated Return During Scrutiny Invalid; ITAT Grants Relief Only for Limited Verification
Record 219 APAs Signed Due to Rising Need for Transfer Pricing Certainty
ITAT Remands ₹16.03 Cr Share Premium Addition Case for Denial of Proper Hearing
Notional Interest Addition Deleted Due to Absence of Fresh Advances & Sufficient Funds
Section 148 Notice Invalid When Issued After Limitation Deadline: ITAT Mumbai
Assessment Order Quashed Due to Issuance in Name of Non-Existent Amalgamated Entity
Section 68 Addition Upheld for Failure to Prove Genuineness of Advance: ITAT Delhi
Section 263 Revision Quashed Due to Pending Appeal on Same Issue Before CIT(A)
TDS not applicable on payments for imported Business Information Reports: SC
Payments for Business Information Reports did not attract Section 195 TDS: Bombay HC
SC Upholds Quashing of Reopening Tax Notice Due to IBC Clean Slate Doctrine
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.
