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.
Exgratia Provision Sent Back to AO; Double Disallowance on Leave Encashment Deleted
No Proof, No Addition: ITAT Deletes ₹25 Crore 69A Cash-Loan Allegation
P&H HC Upheld Registration Under Section 12AA – SC Declines Interference
938 Days Delay Condoned as Appeal Was Wrongly Treated as Withdrawn
Block Period Income Taxed at 60%: When Does Surcharge Become Mandatory?
Section 147 Reassessment Restored as CIT(A) Misread AO’s Findings
Benefit of Accumulation to Trust Restored as Form 9A Not Required for AY 2015-16
Settlement for Dropping Property Suit Not Taxable due to Absence of Transfer
Activities for Mahyavanshi Samaj Don’t Bar Registration for Pre-1961 Trust: ITAT Mumbai
Legal Heir Not Individually Liable for Tax on Deceased’s Salary Arrears ITAT Agra
ITAT Sets Aside Assessment to Examine Exemption Claim on Government Grant
Domestic Royalty Split Not Permissible: Entire TP Adjustment Deleted
EU Business Advocacy Qualifies as Charity: ITAT Delhi Upholds 12A
Assessment Remanded Because Section 12A Registration & Condonation Issues Were Still Pending
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.
