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.

Recorded Cash Sales Shield Demonetisation Deposits from Section 68 Addition: ITAT Mumbai

Executive Status Cannot Deny BSNL VRS Section 10(10B) Exemption: ITAT Ahmedabad

ITAT Rajkot Condoned 580-Day Delay; Section 50C DVO Issue Remanded

Delhi HC Refuses Writ Against Income Tax Assessment Order Where Statutory Appeal Is Available

Election Cash Notings Without Evidentiary Nexus Cannot Sustain Tax ₹1.12 Crore Addition: ITAT Delhi

783-Day Appeal Delay Condoned for Non-Resident Assessee: ITAT Delhi

No Supervisory PE Without Qualifying Project and Six-Month Threshold: ITAT Delhi

Borrowed Funds Diverted Without Business Nexus Attract Interest Disallowance: ITAT Ahmedabad

ITAT Agra: CIT(A) Cannot Decide Merits After Refusing Delay Condonation

Ahmedabad ITAT Follows Gujarat High Court on Section 80P(2)(d) Deduction

BSNL VRS-2019 Compensation Exempt as Retrenchment Compensation U/s 10(10B): ITAT Pune

Own Bank Account Transfers Not Unexplained Money; Rental Deduction Allowed: ITAT Pune

Chandigarh ITAT: 85% Application Test Satisfied Even Without Depreciation

ITAT Kolkata Quashes Section 263 Revision Over Alleged PDS Atta Diversion
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.
