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.
Broadcast Rights Income Not Royalty Without Copyright Transfer
Accepted Project Revenue Confirms Genuineness of Related Purchases
Assessment u/s. 143(3) quashed as being in violation of provisions of section 144B
Excess trade advance received back in cash cannot be added u/s. 68 as unexplained cash credit
Accommodation Entry Purchases Invite 100% Disallowance, Not Estimation
Tribunal reversing order of CIT(A) without demonstrating any perversity is not justifiable
TDS Deducted but Not Deposited: Assessee Still Gets Credit
Search-Based On-Money Claims Need Proof, Not Presumptions
Charitable Trusts Under MMR Not Liable to Flat 37% Surcharge
ITAT Mumbai Restored Appeal as Evidence Ignored by First Appellate Authority
US Government Pension Exempt Because DTAA Overrides Domestic Tax Law: ITAT Delhi
ITAT Allahabad Quashed Assessments for Mechanical Section 153D Approval to 63 cases in one day
Reassessments Quashed Due to Lack of Year-Specific Seized Material: SC
Bombay HC Dismissed Writ Petition for Bypassing Statutory Appeal Remedy
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.
