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.

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

Managed IT Services and Presumptive Tax: Avoiding 44ADA Misclassification

Missed ITR Deadlines? Key “Cliff Dates” for Belated Returns & ITR-U

Capital Gains Tax When a Company Sells an Industrial Plot (Land/Building) – Generic Guide

AIS/Form 10DB Mismatch Rejected as Basis for Taxing Agent on Trading Profits

Notice by JAO After Faceless Scheme Invalid: Chennai ITAT Quashes Reassessment

GSTAT Appeal Filing Explained Due to Mandatory Statement of Facts Limit

DGIT (Inv.) Inputs Alone Can’t Justify Reopening: ITAT

Wrong ITR Column Can’t Deny Trust Exemption: ITAT Kolkata

Entire Purchase Disallowance Rejected; 6% GP Estimation Upheld
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.
