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.

Section 68 Addition Restricted to Current-Year Credit; Loss Set-Off Allowed: ITAT Delhi

Section 148 Reassessment Quashed as Notice Issued Beyond Surviving Limitation Period: ITAT Ahmedabad

Section 194A TDS Not Applicable on Non-Recourse Sale of Receivables: ITAT Chennai

Section 148 Notice Quashed as Amended Section 55A Inapplicable: Gujarat HC

Working Capital TP Adjustment Deleted for Debt-Free Coca-Cola Entity: ITAT Delhi

₹4.65 Cr Commission Expenditure Allowed Without Revised Return: Gujarat HC

Joint Development Agreement Addition Set Aside for Fresh Factual Examination: ITAT Pune

Section 148 Reassessment Quashed as Change of Opinion Beyond Four Years: Gujarat HC

Capital Loss Allowed on Surrender of Flat Allotment Rights: ITAT Mumbai

Section 68 Addition Deleted & TP Comparables Included as Evidence Supported Claims: ITAT Mumbai

Section 148 Reassessment Quashed for Non-Disposal of Objections: ITAT Delhi

Section 80GGC Deduction Denied for Bogus Political Donation: ITAT Ahmedabad

ITAT Kolkata Deletes Section 68 Addition on Accepted Investment Transactions

Q1 Tax Year 2026-27: TDS & TCS Return Filing Forms and Due Dates
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.
