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.
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
Cash Seized After Demonetization Not Unexplained: ITAT Accepts Long-Term Bank Withdrawals as Source
Interest Paid to Partnership Firm Allowable Against Interest Income: ITAT Mumbai
ITAT Bangalore: Section 50C Proviso Held Retrospective; MOU Date to Apply
ITAT Chennai Deletes ₹32.72 Cr Addition Based on Notional Net-Worth Difference
Capital Gain Valuation Date Governed by Agreement Date, Not Registration: Karnataka HC
ITAT remanded matter for verification of submitted documents in case of unsecured loans without PAN
Reassessment notice u/s. 148 quashed as issued after expiry of limitation period prescribed u/s. 149
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.
