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.
Settlement payment towards patent disputes is allowable business deduction u/s. 37(1)
Reassessment u/s. 147 based solely on change of opinion is impermissible
Income Tax Order Without Personal Hearing Liable to Be Quashed: Gujarat HC
No Addition in Completed Years Without Incriminating Material in Search Assessment
Networking Between Doctors & Pharma Firms Not Charitable – ITAT Chandigarh Upholds 12A Denial
Tribunal cannot review its own order under the guise of rectification: Delhi HC
Pune ITAT Allows Charitable Exemption Despite Delayed filing of Form 10B
CBDT notifies Income Tax Exemption for Ayodhya Vikas Pradhikaran
CBDT notifies Income Tax Exemption for HBOCW Board
Power of Attorney Holder Not Liable for Capital Gains: ITAT Rajkot
Gujarat HC Quashes Faceless Assessment Order for Non-Consideration of Assessee’s Reply
ITAT Delhi Deletes Section 14A Disallowance for Lack of AO’s Satisfaction
Bogus Purchases Tax Limit: ITAT Restricts Addition to 3% Profit Element When Sales Are Accepted
Section 80P Deduction Not Denied Solely for Having Associate Members: ITAT Bangalore
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.
