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.

Demonetisation Cash Deposit Fully Explained by Prior Withdrawals: ITAT Chandigarh Deletes Rs 7.26 Lakh Addition u/s 69A

Reopening Challenge Rejected; Revenue Difference Issue Sent Back

Section 12AB Registration Cannot Be Rejected Merely for Pending RPT Act Registration: ITAT Jodhpur

Finance Bill 2026 clarifies Time Limit for DRP Assessments

Finance Bill, 2026 proposes Clear Formula for Computing 60 Days for TPO Orders

Sale of Rights in Flat Is Transfer of Capital Asset: ITAT Delhi Allows LTCL; Income Cannot Be Taxed as Other Sources

Tonnage Tax Rules Aligned for Inland Vessels from 1st April 2026

₹200 per day Penalty Introduced for Non-Reporting of Crypto Transactions

Finance Bill 2026 Added Definition of Commodity Derivative to Income-Tax Act 2025

Budget 2026 Clarifies Authorised Person for Non-Resident Payments

Clubbing of Income Provision Corrected for Spouse Asset Transfers in Income Tax Act 2025

TDS Rule on Property Sale Corrected for Wrong Cross-Reference – Budget 2026

DIN Errors Can’t Void Assessments If Referenced Anywhere: Budget 2026

Entire Section 68/69 Additions Deleted; Cash Sales & Bank Withdrawals Accepted by ITAT Ahmedabad
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.
