Income Tax
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Draft Income Tax Rule 135: Calculation of net winnings from online games for purpose of section 194(1)

Draft Income Tax Rule 136, 137, 138 – Option for New Tax Regime and Special Tax Payment Provisions for Companies and Other Persons

Draft Income Tax Rule 139: Computation of exempt income of specified fund attributable to units held by nonresident under Schedule VI

Draft Income Tax Rule 140: Determination of income of a specified fund attributable to units held by non-residents under section 210(2)

Excel Sheet Alone Not Sufficient Proof: ITAT Ahmedabad Deletes Cash Payment Addition

Reassessment Notice for AY 2015-16 Quashed as Time-Barred Under Section 149

A Simple Guide to classification of earning under Five Income Heads under Income Tax Act

Section 143(1)(a) Intimation Quashed Due to Failure to Issue Mandatory Prior Notice

Reassessment u/s. 148 non-jurisdictional as revisionary proceeding u/s. 263 dropped on same issue

Draft Income Tax Rule 129 – Notice, Forms for reference under section 274

Draft Income Tax Rule 127and 128: Tax Consequences of Impermissible Avoidance Arrangements; GAAR (Chapter XI) Inapplicable in Specified Cases

Draft Income Tax Rule 126 – Conditions and activities for the Finance Company located in any International Financial Services Centre for section 177

Draft Income Tax Rule 125 – Furnishing of authorization and maintenance of documents, etc. for the purposes of section 176

Draft Income Tax Rule 124 – Furnishing of report in respect of an international group under section 511
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.
