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.

Rental Income from Let-Out Office Taxable as House Property Income: ITAT Delhi

Section 154 Rectification Set Aside as Section 40(a)(ia) TDS Issue Was Debatable: ITAT Delhi

Section 148 Reopening Challenge Rejected on Statutory Appeal Availability: Gujarat HC

Section 147 Reassessment Quashed as Escaped Income Below Section 149 Threshold: ITAT Rajkot

Advance Tax Provisions Retained in Income-tax Act 2025 with Renumbered Sections

Cum Tax Benefit Allowed on 26AS Value Accepted by Settlement Commission: P&H HC

Goodwill Depreciation Allowed on Slump Sale Business Acquisition: ITAT Chennai

Entire Books Cannot Be Rejected for One Unproved Expense: ITAT Ahmedabad

Section 147 Reassessment Quashed as Reopening Based on Change of Opinion: ITAT Mumbai

Reassessment Under Section 147 Invalid Where Section 153C Applies: ITAT Pune

Section 10(10B) Exemption Allowed on BSNL VRS Compensation: ITAT Ahmedabad

On-Money Addition Restricted to Co-owner’s Investment Share: ITAT Ahmedabad

Section 2(47)(v) Capital Gains Deleted as Section 53A Conditions Not Satisfied: ITAT Bangalore

Section 40(a)(i) Disallowance Deleted Applying DTAA Non-Discrimination Clause: 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.
