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.
0.25% Commission Rate Reasonable on Unexplained Bank Deposits: ITAT Ahmedabad
Management Fee TP Adjustment Cannot Be Made Without Justifying CUP Over TNMM: ITAT Mumbai
Rule 8D 1% Amendment Not Retrospective; Section 10(38) Loss Carry Forward Denied: ITAT Pune
Section 14A Disallowance Requires AO Satisfaction Before Applying Rule 8D: ITAT Hyderabad
Jaipur ITAT upholds section 87A rebate on short-term capital gains under new regime
Bombay High Court Quashes Reassessment for Five-Day Section 148A(b) Notice
Section 115BAA Benefit Cannot Be Denied in Subsequent Year: ITAT Chennai
Form 10-IC Filing Allowed After Portal Glitch for Section 115BAA: ITAT Indore
Section 263 Revision Valid for Partial Bogus Purchase Addition: ITAT Delhi
ITAT Must Reconsider Additional Evidence Found on Tribunal Record: Bombay HC
Bank’s Failure to Update PAN Cannot Justify Section 69A Addition: ITAT Agra
Gift from Mother-in-Law Out of Encashed FDs Cannot Be Brushed Aside on Suspicion: ITAT Agra
Section 87A Rebate in New Tax Regime: Eligibility, Limits & Examples
JAO vs FAO: Section 147A Faceless Reassessment Case-Law Timeline
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.
