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.
Unsigned, Unstamped Sale Agreement Cannot Prove Cash Receipt: ITAT Deletes Section 271DA Penalty
Section 69A Addition Deleted for Excel-Sheet Entries Without Unexplained Money: Delhi ITAT
AO Cannot Reopen Assessment Concluded by Settlement Commission: SC
Layered Loans Used to Acquire Promoters’ Shares Constitute Benami Transaction: SAFEMA
Bank Credits Recorded in Books Cannot Be Taxed Under Section 69A: Kolkata ITAT deleted ₹18.83-Cr Addition
Capital Withdrawals Before Firm Conversion Do Not Violate Section 47(xiii): Karnataka HC
Karnataka HC Quashes Reassessment Notice Where Same Income Faced Proceedings Against Partner
Karnataka HC Quashes Reassessment for Notices Sent to Secondary Email and Old Address
Tax Audit Due Date Extension to 31 October 2026: TBA Jhalawar Representation
Section 28 Land Acquisition Interest Exempt Under Section 10(37): ITAT Delhi
Bogus Purchases: Section 69C Addition Restricted to ₹6 Lakh, Delhi ITAT
Closing Stock Addition Deleted for Wrongly Deducting Sales Value: ITAT Delhi
Income from House Property under Income-tax Act, 2025: Sections 20 to 24
UAE Corporate Tax for Indian Entrepreneurs: Key Tax & Compliance Issues
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.
