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.

Belated Filing Alone Doesn’t Nullify 80P Deduction at CPC Stage: ITAT Lucknow

Fair Hearing Mandatory for Section 251 Income Enhancement: ITAT Amritsar

Agreement Date Matters, Not Registration Date – Section 50C Proviso Retrospective

Charitable Objects Warrant One More Chance for Registration: ITAT Amritsar

Reopening Beyond 3 Years Below ₹50 Lakh Quashed

ITAT Erred in Accepting Retraction of Admission Without Testing Credibility: Calcutta HC

Set-Off of Losses Allowed on Survey-Declared Business Income

Late Form 67 Filing Ignored Because FTC Is a Vested Treaty Right

Belated U/s 148 Return Costs Assessee: 1% NP Estimation Upheld

Agent Collections vs Own Sales—Hyderabad ITAT Remands 69A Addition for Fresh Verification

Disclosed Rental Income Can’t Be Taxed Under Section 69A: ITAT Hyderabad

Vague 271(1)(c) Notice Fatal: Visakhapatnam ITAT Quashes ₹6.34 Cr Penalty

Refund Claim on Hold – New Risk Management Alert from Income Tax Department (AY 2025-26)

Section 69A Addition of ₹1.86 Cr Set Aside for Lack of Verification of College Fee Collections
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.
