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.
DEPB Not Excludable from Gross Profit for Business Income; ITAT Deletes Addition
Income Tax Refund Adjustment Barred When Tax Demand Stayed U/s. 220(6): Calcutta HC
Reassessment Quashed for Lack of Assessee-Specific Evidence in Penny Stock Case
HP HC Stayed Reassessment as Validity of Section 148 Notices Pending Before SC
Accounts Resignations in Remote Location is Genuine reason for ITR Filing Delay: Orissa HC
Objections Filed Before Wrong AO by Mistake Can’t Defeat Right to DRP Adjudication
ITAT Mumbai Sustained Section 271(1)(c) Penalty for Unsubstantiated Expense Claims
Demerger Loss Carry Forward: Sec 72A(4) Applies; PCIT Revision Using Sec 72A(2) Conditions Invalid
Gujarat HC Restricts Bogus Purchase to 6% Following Earlier Year Ruling
ITAT Rajkot Set Aside 80G Approval Denial for Ignoring 5% Religious Spend Limit
Seized Jewellery Must Be Released After Full Tax Settlement: Gujarat HC
Reassessment Order Quashed for Granting Less Than Statutory Time to Reply
Relevant Date for MAT Loss Set-Off Is Prior Year-End, Not Assessment Year-End
Addition Deleted as Allotment Letter Treated as Agreement Under Stamp Value Rules
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.
