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.
No Capital Gains Without Transfer Under Development Agreement: ITAT Pune
Section 148 Reassessment Quashed for Skipping Approved Section 148A(a) Inquiry: Chhattisgarh HC
Charitable Trust Exemptions under Income-tax Act, 2025 (TY 2026-27)
Section 132B Interest Allowed on Seized Cash Refund Despite No Assessment: Jharkhand HC
Gross Profit Cannot Be Estimated Without Rejecting Books: Bangalore ITAT
Section 148 Notice Quashed for Lack of Section 151(ii) Approval: Hyderabad ITAT
Income Tax Addition Restored as Correct GSTR Figures Were Not Considered: ITAT Delhi
Section 148 Notice Quashed for Lack of Live Nexus with Old Broker Register Entry: Gujarat HC
Gross Profit Addition Reduced to 2% Based on Past Scrutiny Records & Comparable Cases: ITAT Pune
Section 56(2)(x) Cannot Apply to Genuine Corporate Loan: ITAT Delhi
Maximum Marginal Rate Inapplicable to Registered Society: ITAT Hyderabad
Section 12AB Appeal Dismissed as Infructuous After Registration Granted: ITAT Mumbai
Section 271(1)(c) Penalty Cannot Be Decided Before Quantum Appeal Disposal: ITAT Hyderabad
Section 68 Addition Deleted as Cash Deposits Explained from Books: 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.
