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.

Section 270A Penalty Case Remanded After Delay Condoned

Rejection of 12A Registration Set Aside for Fresh Hearing on Delay

Rejection of U/s 80G Approval Held Premature Due to Pending U/s 12AB

Wrong Email Service Vitiates Ex-Parte Appellate Order: ITAT Bangalore

Section 40 Disallowance Fails for Overseas Commission Payments

Order Giving Effect Cannot Be Challenged Directly Before ITAT

Section 12AB Registration Rejected Without Hearing Set Aside

Reassessment Upheld Because Third-Party Excel Data Indicated Escaped Income

Ad-Hoc 10% Addition on Sundry Creditors Struck Down

Deduction Allowed as Interest from Co-operative Banks Qualifies under Section 80P

Satsang Bhawan Construction Qualifies as Charitable Activity

Appeal Dismissed for Lack of Jurisdiction Based on AO Location

CIT(A) Directed to Decide Adjustment Under Section 143(1) on Merits

Bogus Share Trading Loss Held Speculative, Set-off Denied
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.
