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.
Lookout Circular Set Aside Because Income Tax Proceedings Had Concluded and No Demand Was Pending
Draft Income Tax Rule 240 – Due diligence requirement
Draft Income Tax Rule 239 – Information to be maintained and reported
Draft Income Tax Rule 238 – Definitions for the purpose of rules 239 and 240
Draft Income Tax Rules 236 and 237- Statement by Film Producers or Persons in Specified Activities; Statement of Financial Transactions
Draft Income Tax Rules 234 and 235 – Annual Statement by Non-Residents with Liaison Office in India; Information/ Documents under Section 506
ITAT Mumbai Quashes Assessment Because Notice Was Issued by Non-Jurisdictional Officer
Delhi HC Directs Fresh Order on Section 244(1A) Interest on Income Tax refund Within 3 Months
Capital Gains Reassessment Remanded Because AO Failed to Refer Stamp Valuation to DVO Under Section 50C
Settlement Application Cannot Be Rejected Without Examining Manner of Deriving Undisclosed Income
ITAT Allows Re-Computation of Leave Encashment Exemption Because CBDT Raised Limit to ₹25 Lakh
Section 54B exemption granted as assessee proved nature of land as agricultural land
Infrastructure Tax Incentives in India: Hidden Subsidies & Constitutional Accountability
Retraction of voluntary disclosed income without giving evidence of coercion not permissible
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.
