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.

ITAT Allahabad Quashed Assessments for Mechanical Section 153D Approval to 63 cases in one day

Reassessments Quashed Due to Lack of Year-Specific Seized Material: SC

Bombay HC Dismissed Writ Petition for Bypassing Statutory Appeal Remedy

Kolkata ITAT Quashes Time-Barred Reopening for AY 2015-16

Government Employee Earning from Upwork: Tax Reporting Visibility vs Employer Conduct Risk

Buyer Can’t Be Taxed on Builder’s Confession Alone- Third-Party Excel & Statements Not Enough

TDS on Instalments for Property Purchase in Joint Names Where Only One Spouse Pays (Under-Construction Property)

Property Purchase from an NRI: When to Deduct and Deposit TDS

TDS on Purchase of Property from Joint Sellers Where One Co-owner Is NRI

Schedule FA Reporting for Jointly Held Foreign Assets Where Other Spouse Has Already Offered Entire Income

Schedule FA Disclosure of Foreign Company/Bank Account by Resident Individuals

Sharp Business System v. CIT‑III (2025): Non‑Compete Fees as Deductible Business Expenses

Presumptive Taxation Allowed as Partner’s Remuneration Is Professional Income: ITAT Delhi

Cash deposit by petrol pumps during demontisation partly allowed by Delhi ITAT
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.
