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.
No Addition Just for Representing Clients in Bogus Share Investigation as a CA
Ten-Year Section 153A Block to Be Counted from AY of Search Year, Not Before
Section 153C Notice Beyond Six-Year Block Period Held Invalid: ITAT Delhi
Section 153C Block Period to Be Counted from Date of Receipt of Seized Material, Not Search Date
₹1.48 Cr Jewellery Addition Deleted as Declared Holdings Exceeded Search Findings
No TDS Liability on Year-End Provisions Without Identified Payees: ITAT Mumbai
Capital Gains on Development Rights Taxable to Members, Not Society: ITAT Mumbai
ITAT Delhi Deletes Double Addition of ₹14.45 Crore Made by CPC
Joint ITR for Married Couples – Could This Be Middle Class Saviour?
No Addition if Loan Identity & Creditworthiness Proven; Section 115BBE Applies Prospectively
Assessments Beyond Ten-Year Block Invalid Under Section 153C: ITAT Delhi
Addition u/s. 68 towards cash deposit during demonetization deleted since it was out of cash sales
Comparable controlled transaction not to be taken as comparable to benchmark international transaction
Delay in Form 10B Filing Cannot Deny Trust Exemption: Madras HC
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.
