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 Income Tax Rule 283: Computation of minimum investment and exempt income for Schedule V
Draft Income Tax Rule 282: Notification of pension fund & other conditions to be satisfied by pension fund
Draft Income Tax Rule 281: Circumstances and conditions for Schedule III
Draft Income Tax Rule 280: Prescribed allowances for Schedule III
Draft Income Tax Rule 279: Limits for Schedule III
Draft Income Tax Rule 278 – Conditions for purpose of Schedule III
Investment Cannot Be Treated as Income Merely for Alleged Section 13 Breach: ITAT Delhi
Bank Account Attachment Quashed Because Tax Liability of Company Cannot Be Imposed on Director’s Wife
SC Dismisses Plea Against Income Tax Prosecution as Pending Appeals Do Not Bar Criminal Action
Delhi HC reduces TDS Rate to 2% as 15% Withholding Certificate Lacked Proper Reasoning
Faceless Assessment Quashed for Denial of Personal Hearing Despite Written Request
Tribunal Cannot Direct 12AB Registration as Genuineness of Trust Activities Was Not Verified: Delhi HC
Disallowance of Insurance Expenses Set Aside Because IRDA Limits Do Not Automatically Bar Tax Deduction
Subscription Fee for Database Access Not Royalty as No Copyright Rights Were Transferred: ITAT Delhi
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.
