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.

AO Cannot Tax Unrelated Income Once Original ‘Reason to Believe’ Is Explained

ITAT Quashes ₹13.87 Crore Addition Under Section 68 for HUF Bank Credits

Section 14A Disallowance Must Target Only Income-Yielding Investments

Capital Gains Taxable in Year of Possession, Not Registration: ITAT Mumbai

Trade Promotion Activities Recognized as Public Utility by ITAT in Trust Registration Case

Exemption Under Sections 11 & 12 Cannot Be Denied for Procedural Delay in Form 10B: ITAT Hyderabad

CPC Cannot Make PF/ESI Disallowance on Debatable Issues: ITAT Orders Fresh Verification

Debtor’s Unilateral Write-Off Isn’t Cessation of Liability: ITAT Delhi

ITAT Rajkot Allows Appeal as No Proper Opportunity Was Given to Explain Case

AMP Expenditure Not an International Transaction: Delhi HC Reaffirms

Government TDS Deposition Without ITNS 281: Complete Book-Entry Procedure

60% Section 115BBE Tax Not Applicable to Income Surrendered Before Notification

Department’s Preemptive Action on Fraudulent ITC Blocked by Delhi HC

No Section 80P(2)(d) deduction on interest from co-operative bank: Karnataka HC
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.
