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 Deletes Section 43CA Addition as Presumptive Taxation Already Includes Stamp Duty Value
Section 80P(2)(d) Deduction Allowed on Interest from Cooperative Banks: ITAT Amritsar
Critical Assumption in Advance Pricing Agreement
Understanding Section 145(3): Best Judgment Assessment & Powers of AO
ITAT Delhi Quashes Reassessment as Wrong Explanation Invoked & Casual Approval
Condonation of Delay Requires Fair Opportunity – ITAT Remands Matter Despite 18-Month Delay
Revision Under Section 263 Invalid as AO Conducted Adequate Inquiry: ITAT Mumbai
Delhi HC Deleted Additions as Seized Document Found Unreliable & Unverified
Delay in Filing Appeal Should Be Liberally Condoned When Sufficient Cause Exists – ITAT Bangalore
Mere Receipt of Salary in India Does Not Make It Taxable for Non-Resident: ITAT Mumbai
Second Installment of VRS Compensation Cannot Be Taxed When First Allowed: ITAT Chandigarh
Protective Additions Cannot Survive Once Substantive Addition Fails – ITAT Bangalore in Trust Search Cases
ITBA Network Issues and Pending CPC Cases Create Risk of Time-Barred Assessments: ITGOA
No Capital Gains on JDA Amid Family Dispute; Additions Based on Statement Alone Unsustainable – ITAT Bangalore
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.
