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 Delhi Allows Adjustment of Seized Cash Against Self-Assessment Tax
Reassessment Quashed as Section 148 Notice Issued Before Mandatory Approval
On-Money Addition Reduced by 70% as Only Profit Element is Taxable: ITAT Rajkot
Share Premium Tax Addition Remanded for Selective Evidence Acceptance
Penalty was quashed as Revenue could not treat sale price as ‘Tax Inclusive’ without Proof
Addition on “peak purchase” was restricted to differential margin between declared and benchmark profit in Rice Trading Case
ITAT Panaji Remands Agricultural Income Addition as CIT(A) Ignored Evidence
TDS on EDC Payments Not Applicable Under Section 194I: ITAT Delhi
In Absence of PE, Software Licence Income Not Royalty Under India-USA DTAA: ITAT Delhi
PCIT Revision Quashed as Allowing 80G Deduction on CSR is a Plausible View
Trust Surcharge Restricted to 15% as Finance Act Overrides Maximum Marginal Rate
ITAT Delhi Allows Carry Forward of Capital Loss on Sale of Shares Despite Section 10(38) Exemption
Stay Rejected for Non-Payment of 20% Demand: Madras HC Upholds CBDT Guidelines
Delay in filing appeal condoned as plausible and sufficient cause shown
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.
