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.

Foreign Salary Credited to an NRE Account: ITAT Rejects Demand for Foreign Tax Returns

ITAT Bangalore Allows Section 80P Deduction on Co-operative Bank Interest and Reserve Deposits

ITAT Delhi Remands ₹75.33 Lakh Section 69A Addition After Finding CIT(A)’s Order Cryptic

Capital Reduction Cannot Be Taxed as Buyback Under Section 115QA: ITAT Delhi

24-Hour Mistake That Could Cost Your Business Millions: Avoiding EPF Trap

GST Registration Beyond Turnover: CTP, NRTP and Mandatory Registration Cases

Recorded Cash Sales Cannot Be Taxed Again Under Section 69A: ITAT Amritsar

BookMyShow Convenience Fee Not Subject to Section 194H TDS: ITAT Bangalore

No Section 194H TDS Where Collection Centres Retain Margin: Bombay HC

Section 115JB MAT Not Applicable to Kerala Electricity Board: Kerala HC

Section 54EC Deduction Allowed for Investments Across Two Financial Years: ITAT Bangalore

Section 271(1)(c) Penalty on Withdrawn Section 35 Donation Deduction Deleted: ITAT Ahmedabad

Penalty Passed Beyond Extended Limitation Under Section 275 Quashed: ITAT Mumbai

CPC Adjustment Merges With Section 143(3) Scrutiny Assessment: ITAT Mumbai
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.
