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.

Pass-Through Costs Excluded From Transfer Pricing PLI as No Value Addition Was Performed: ITAT Mumbai

Section 269ST Penalty Deleted as Seized Excel Sheets Did Not Prove Single Cash Transaction Above ₹2 Lakh

Bogus Purchase Addition Deleted Because Material Movement, Site Records & Banking Proof Established Genuineness: ITAT

Share Transfer in Family Arrangement Not Taxable: ITAT Deletes ₹489 Crore Addition

ITAT Rejects Appeal Where Declared Capital Gains Accepted Without Adjustment

As a Foreign Company, Do I Need to File Annual CIT in China?

Reopening Invalid as Notice Issued Beyond Six-Year Limitation Period: SC

Delhi HC Quashed Reopening Notice as Issued Beyond Six-Year Limitation

Reopening Invalid Without Independent Material Showing Escapement: Gujarat HC

Section 80GGC Deduction Denied as Donation Linked to Bogus Political Party Activities

Philosophy of Income Tax Act 2025: Perspectives from Great Thinkers

Cloud Service Payments Not Taxable as Royalty Due to No Transfer of IP Rights: SC

Date of DRP Upload, Not Visibility in AO Module, Determines Receipt: Telangana HC

TP Segment Split Rejected as Trading & After-Sales Services Are Inextricably Linked; TNMM at Entity Level Upheld: 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.
