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 12 – Determination of income attributable to assets in India
Delhi High Court Grants Exemption Despite Incorrect Income Head in Return
Scholarship Paid in India Not Violation of Section 11(1)(c), ITAT Sets Aside 12AB Rejection
Assessment Quashed as ITO Lacked Pecuniary Jurisdiction Under CBDT Instruction: ITAT Mumbai
Draft Income Tax Rule 11 – Fair market value of assets in certain cases
Conversion of Share Warrants Not a Taxable Transfer Due to Absence of Consideration: ITAT Mumbai
Draft Income Tax Rule 10 – Definition of terms for rule 11 and rule 12
ITAT Indore Sets Aside FTC Disallowance as Form 67 Filed With Section 139(4) Return
ITAT Rajkot Quashes Reassessment as Section 148 Notice Issued Beyond Surviving Time
Section 68 Addition Deleted as PAN, ITR and Confirmations Proved Loan Creditworthiness
Section 68 Addition Deleted as Cooperative Society Accepted Deposits from Its Own Members
Double Addition in Intimation and Rectification: ITAT Delhi Orders Review
Draft Income Tax Rule 9 – Determination of income in case of non-residents
Nothing indicated knowingly participation in sham transaction: Reopening quashed
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.
