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.

Tax Deducted at Source (TDS): Compliance Challenges in India

Reopening Quashed as No Lender Certificate Required for Let-Out Property Interest: Bombay HC

Gratuity and Leave Provisions Qualify as Application of Income under Section 11: ITAT Mumbai

Income Tax Refund Must Include Interest Till Actual Payment Date: Orissa HC

Delhi HC Sets Aside 153C Proceedings for AY 2010-11 to 2013-14 Due to Limitation

Section 263 Upheld Due to Lack of Enquiry on Section 54F Claim & Foreign Property Ownership

LTCG Addition Deleted as AO Relied Solely on Investigation Report Without Independent Inquiry

New Tax Regime vs Old: What Budget Means for Middle Class – A Legal & Economic Analysis

Inoperative PAN – A Silent Tax Trap for Non-Residents

No Lender Certificate Required for Interest Deduction on Let-Out Property: Bombay HC

“ITR Looks Simple… Until Scrutiny Begins” – A Note for Private Company Directors

Failure to Select VC Option Doesn’t Deny Oral Hearing if Requested in Writing

Excise Duty Refund Held Capital Receipt as Linked to Investment Scheme: Delhi HC

P&H HC Sustained Addition as Assessee Failed to Disprove Bank Stock Statements
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.
