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.
Approval for One Issue, Reopening for Another Is Legally Fatal
Mechanical Revenue Objections Rejected on Section 14A and MAT
Commission @0.15% Reflects True Income in Entry Operations
Allotment Date Governs Stamp Value Under Section 56(2)(x)
ITAT Grants Fresh Opportunity to Claim Section 54F Deduction
Transfer Pricing Adjustment Softened for Long-Standing ECB Loans
No Addition, No Revision: PCIT Action Fails for Want of Error and Prejudice
Breed Development Spend Treated as Revenue, Not Capital Expense
Ind-AS Fair Value Gains Can’t Be Ignored in Section 94B Scrutiny
Unexplained Cash Upheld When Search Confession Is Clear
NFAC Ex-Parte Order Quashed for Ignoring E-Filed Submissions
Detailed U/s 153C Enquiry Bars PCIT from Revising Completed Assessment
Broadcast Rights Income Not Royalty Without Copyright Transfer
Accepted Project Revenue Confirms Genuineness of Related Purchases
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.
