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.
Unsecured Loan Addition Deleted as No Incriminating Material Found during Search
Calcutta HC Upheld Income Tax Reassessment as Earlier Order Formed No Opinion
Sub-Letting Charges to Industrial Authority Allowable against Rental Income
ITAT Cannot Deny Stay Jurisdiction Due to Absence of Demand: J&K High Court
Section 56(2)(viib) Share Premium Addition Inapplicable After Assessee Became Subsidiary of Public Company
Section 153C Assessment Quashed for Undated Satisfaction Note & Two-Year Delay
ITAT Delhi Deleted Cash Addition as On-Money Allegation Lacked Evidence
Income Tax Reassessment Quashed for Lack of Proper Sanction: ITAT Kolkata
Section 56(2)(x) Inapplicable to Business Inventory: ITAT Mumbai
Transfer Pricing Adjustment Deleted for Cost-to-Cost Reimbursements: ITAT Chennai
Transfer Pricing Appeal Dismissed Due to Functional Dissimilarity of Comparables
Stay on Income Tax Demand Denied After Instalment Request to AO
Entire Bogus Purchases Can’t Be Disallowed When Sales Are Accepted: ITAT Mumbai
Accommodation Entry Case: ITAT Reduces Commission Rate to 1%
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.
