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.

₹1.33 Cr Section 69 Addition Remanded for Verification of 38 Lenders: ITAT Mumbai

ITAT Delhi Rejects 50% Turnover Filter, Restricts TP Adjustments to AE Transactions

Karnataka HC Clarifies Transfer Pricing Comparables, Forex Gain and 5% ALP Tolerance

Transfer Pricing: ITAT Excludes Incomparable BPO Entities & Allows Working Capital Adjustment

BSE Investor Protection Fund eligible for Section 11 & 10(23EA) Relief: ITAT Mumbai

Gujarat HC Allows Sections 11 and 12 Exemption to Gujarat Housing Board

Section 69 Addition Deleted on Sister’s Confirmed Bank Loan: ITAT Mumbai

Section 36(1)(va) Deduction Allowed on EPF Delay Caused by Portal Glitches: ITAT Jabalpur

Assessment Issues Cannot Alone Justify 12AB Registration Cancellation: ITAT Chandigarh

Transfer-Pricing Issues Remanded; Revenue’s ECB Loss Appeal Dismissed: ITAT Chennai

Inadvertent Form 10-IEA Cannot Override New Regime ITR Choice: ITAT Bangalore

Redevelopment Capital Gains Cannot Be Taxed in Society’s Hands: ITAT Mumbai

ITAT Rajkot Quashes Reassessment Where Joint Property Investment Was Not Properly Attributed

ITAT Surat Quashes Assessments Over Unproved Mandatory Section 153D Approval
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.
