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.
Wrong Form 10BB Entry Leads to Denial of Section 11 Exemption
CIT(A) Must Decide All Grounds Before Confirming TDS Disallowance
Accrued MACT Interest Cannot Be Taxed When Award Is Under Appeal
Coal Transport Expense Disallowance Fails Without Contrary Evidence
Assessment Reopened on Alleged Cash Deposits That Did Not Exist
Delay in Form 10AB Filing Held Condonable Under Section 12AB
Section 69C Not Applicable to Salary/Wages Disallowance Where Source Is Explained
Second Reopening u/s 147 Quashed as Change of Opinion—Section 54F Deduction Cannot Be Revisited Without New Material
Section 10(23EE) Income Tax Exemption Notified for Core Settlement Guarantee Fund
Reassessment After Four Years Invalid for Change of Opinion: ITAT Chennai
ITAT Mumbai Quashed Cash Addition Based Only on Third-Party Excel Sheet
ITAT Mumbai deleted Bogus LTCG additions for Lack of Direct Evidence
Composite Trust Eligible for U/s 80G If Religious Spend Within 5% Limit
Section 54F Exemption Cannot Be Denied for Small or Modest House Construction
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.
