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.
TPO doesn’t have jurisdiction to scrutinize claim of deduction u/s. 80IA
Judicial Rebuke of CBDT’s Delay Culture: A Multi-High Court Chronicle on ITR Extensions
Cinepolis Settlement Compensation is Non-Taxable Capital Receipt: ITAT Delhi
Search Assessment Quashed: Single Mechanical Approval for Multiple Years Vitiates Order
Tom, Jerry & Tax Officer: A Tale of TDS Mismatch And Misery
No addition can be made under Section 147 in search cases without fresh material
Extension of timelines for filing of various reports of audit & ITR for AY 2025-26
AI Hallucination in Law: Buckeye Trust Episode – A Case of Fictitious Precedents
SC Condones 166-Day Income Tax Appeal Delay, Citing Liberal View
ITAT Delhi Holds Assessment Beyond Six-Year Limit Invalid Under Section 153C
ITAT Mumbai Quashes Section 263 Order for Adequate AO Inquiry and Valid Loss Claims
Disallowance of 20% on expenditure payments was justified based on lack of proof and documentation for sub-contractor payments
Film Rights Sale: ITAT Rules Capital Gains, Rejects Business Income Claim
No Black Money Liability When Assets Belong to Foreign Partner: ITAT Delhi
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.
