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.

Issue of Old Income-tax Demands Appearing on Portal After Several Years

ITAT Ranchi Quashed Reassessment Beyond Four Years for No Disclosure Failure

Reassessment Quashed for Faceless Regime Breach: JAO-Issued Notices Invalid

Section 148A(d) Order Set Aside for Ignoring Assessee’s Explanation

Adjustment in intimation u/s 143(1) disallowing deduction u/s 10B was quashed

Taxability of Consultancy Income under India–UAE DTAA vis-à-vis SEP

SC Dismisses Revenue SLP for Delay in Share Valuation Reassessment Case

Share Valuation Must Follow Rule 11UA, Not Isolated Third Party Transactions

Section 11 Exemption Denied for Missing Form 10B Held Invalid at 143(1) Stage

Simplified Income Tax Act, 2025, To come into force from April 1 2026

Section 144C(13) Breach: ITAT Quashes DRP-Based Assessment as Time-Barred Beyond One Month

Section 153C Assessment Must Begin from Last Assessed Income

Double Taxation of LTCG Not Allowed: ITAT Allows Credit for Gain Already Declared

ITAT Delhi Quashed Reassessment for Borrowed Satisfaction & No Live Nexus
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.
