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.

ITAT Amritsar Deletes ₹3.97 Crore Addition Based on Husband’s Document

Section 68 addition impermissible in wrong year despite alleged colourable device: Delhi HC

Tenancy Rights Transfer Taxable, Mumbai ITAT Remands FMV Determination to AO

ITAT Hyderabad Allows Section 54F Deduction for 13 Residential Units

ITAT Pune Holds Vaki Land a Capital Asset, Denies Section 54B Deduction

ITAT Mumbai Deletes Four Penalties Where Department Issued PAN in Wrong Status

ITAT Delhi Allows Rs. 4.24 Crore ESOP Deduction Under Section 37(1)

Section 68 Inapplicable to Earlier-Year Funds Converted into Preference Shares: ITAT Delhi

ITAT Varanasi Allows 80G Appeal Where Application Was Filed Under Wrong Provision

Royalty Adjustment Deleted, Commission Benchmarking Remanded: ITAT Ahmedabad

Post-2021 Search Assessments Without Section 148 Proceedings Invalid: ITAT Delhi

ITAT Mumbai Upholds Reinsurance Deduction & 60% Software Depreciation for Insurer

Actuarially Valued Pension Liability Is Allowable Deduction: ITAT Mumbai

ITAT Delhi Sets Aside 12A Registration Rejection Over Defective Provisional Registration
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.
