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.

₹14.25 Cr Share Premium Addition Restored as CIT(A) Order Set Aside for Unsubstantiated DCF Valuation: ITAT Delhi

80-IBA Deduction Issue Sent Back to AO as CPC Disallowance Held Beyond Jurisdiction: ITAT Jodhpur

66 Day Delay Condoned Due to E-Filing Portal Unfamiliarity in Trust Registration Case

Income-Tax Demand Quashed for Non-Deposit of Salary TDS by Employer

₹3.40 Crore Housing Project Deduction Restored After Reopening Beyond 4 Years Set Aside

Bombay HC Allowed Additional Transfer Pricing Ground as AE Treated Tested Party

Re-opening of Assessments under Section 148: What’s Changed & Taxpayer Rights

Concept of Income as per Income Tax Act, 1961: Meaning, Scope & Judicial Interpretation

Denial of depreciation to trust not justified as genuineness of building construction expense proved

ITAT Cannot Dismiss Transferred Appeals for Jurisdictional Doubt: Delhi HC

Co-founder of Flipkart stayed in India for 141 days hence was Indian national for relevant period

No disallowance under rule 8D(2)(ii) as interest-free own funds exceeds investment

Section 80G Approval Saved by 2024 Amendment — Late Filing No Longer Fatal

Vivad-Se-Vishwas Didn’t Mature — Appeal Can’t Die by Assumption
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.
