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.
When JDA Agreement Is Executed, Registered Later, & Eventually Cancelled — AO Must Re-examine
Kolkata ITAT Quashes ₹20.11 Cr Additions: Loans, Purchases, Share Sales & 40A(3) All Collapse
SC Rejected Appeal as Findings on Section 10(38) exemption Were Purely Factual
Appeal Dismissed as Assessment Ignored Evidence of Genuine Share Transactions
Revenue Appeals Dismissed: No Incriminating Material Found in Share Certificate Case
Repeated SLPs on already Settled Interconnect Issues Not Maintainable: SC
Tax Implication On Cross-Border Mergers & Acquitisions
Addition Deleted as Purchases Cannot Be Treated Bogus Without Rejecting Books
No Proof, No 100% Disallowance: Tribunal Cuts Commission & Rent Claims
Penalty Not Automatic: ITAT Cancels 272A(2)(e) Fine Due to COVID and Communication Gaps
Loose Slip Not Linked- Rs. 43.71 Cr Section 69C Addition Deleted as Dumb Document
Tenant’s Purchases, Not Landlord’s: ITAT Dismisses Wrong Addition in Factory Lease Case
No Evidence, No Relief: 2247-Day Late Appeal Dismissed by ITAT
Temporary Factory Letting Doesn’t End Business: ITAT Holds User Charges as Business Income
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.
