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.
Section 80IC Deduction Allowed: ITAT Delhi Rejects Sham Amalgamation Claim
Addition u/s. 69A deleted as genuineness of transaction proved and shares sold as ordinary investor
NSEL Transactions Not Unexplained Money: ITAT Kolkata Upholds Deletion u/s 69A
IFE Content Is Not Royalty: ITAT Delhi Applies DTAA Override Deletes Tax on In-Flight Entertainment Fees
Additions Based Solely on Tax Audit Report Set Aside for Fresh Verification
Sales Addition Deleted After Reconciliation of VAT and Non-Trade Receipts
Delay Can Be Explained by Death Illness: ITAT Chennai Restores Appeals Dismissed In-Limine by NFAC
How Form 26AS helps you verify your Income Tax details before filing returns?
Charitable Trust acking 12A registration cannot be taxed on gross receipt: ITAT Delhi
₹50 Lakh Threshold Is Mandatory: ITAT Delhi Quashes Reassessment of Foreign Company as Time-Barred
Income Tax Appeals Revived Despite 3,839-Day Delay to Ensure Merits Examination
CIT(E) Can’t Sit in Judgment Like AO: ITAT Delhi Restores 12AB & 80G Registration to Charitable Trust
Brokerage Is Turnover, Not Client Trades: ITAT Delhi Deletes 271B Penalty on Sub-Broker
Purchases cannot be fully disallowed merely on suspicion & supplier deficiencies: ITAT Pune
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.
