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.

Interest Payable to Partners Is Year-End Liability, Not Restricted to Business Start Date

ITAT Remands Case to CIT(A) After Assessee Agrees to Cooperate

Income Addition Quashed for Exceeding Limited Scrutiny Jurisdiction

No Depreciation on Assets Already Treated as Applied Income: ITAT Directs Fresh Verification

CPC cannot treat entire receipts of charitable trust as taxable income: ITAT Cuttack

CBDT’s Enhanced ₹60 Lakh Limit Leads to Dismissal of Revenue Appeal: ITAT Kolkata

ITAT Kolkata Remands 80G Approval Case After CBDT Extends Filing Deadline

Extension of date of Filing of Accounts to Maharashtra Charity Commissioner

ITAT Directs AO to Limit Deemed Dividend Addition to Accumulated Profits

ITAT Mumbai Upholds Depreciation on Goodwill Arising from Amalgamation

No Need to Close Individual Debtor Accounts for Bad Debt Deduction: Kerala HC

Capital Contribution for Business Purposes Not Deemed Dividend u/s 2(22)(e)

ITAT Mumbai Grants One More Chance to Co-op Society to Explain Cash Deposits from Members

ITAT Pune Deletes Addition for Credit Card Payments After Source Explained
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.
