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.

Updated Return After Reassessment Notice Comes With Higher Tax Cost Because Additional 10% Levy Proposed

ITAT Reduces Addition for Household Savings Yet Confirms Higher Section 115BBE Tax

Draft Income Tax Rule 333: Electronic payment of tax

Draft Income Tax Rule 332: Electronic furnishing of Forms, Returns, Statements, Reports, orders, certificates, etc

Draft Income Tax Rule 331: Guidelines for approval under Schedule XV

Draft Income Tax Rules 327 to 330: Fund Approval Application, Rule Amendments, Appeals, and Limits on Unexpired Risk Reserves

Draft Income Tax Rules 320 to 326: Rules on Director Admission, Contributions, Employee Interest Penalty, Employer Rights, and Fund Winding-up

Draft Income Tax Rules 317 to 319: Trust & Trustee Conditions with Fund Investment and Nomination

Draft Income Tax Rules 312 to 316: Fund Winding-Up Arrangements, Approval Application, Amendment of Fund Rules, Appeals & Definitions

Section 11 Benefit Depends on Cost-Based Pricing Because Profit Motive Matters: ITAT Raipur

Delay of 50 Days in Filing Form 10B Condoned as Genuine Hardship Was Shown: Bombay HC

840-Day Appeal Delay Not Condoned; Blaming CA Not Sufficient Cause: ITAT Bangalore

Educational Society Cannot Be Treated as Religious Trust Without Evidence: ITAT Bangalore

Sec 270A Penalty: Immunity U/s 270AA Cannot Be Denied Without Hearing – 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.
