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.
Section 54 Shortfall Not Taxable in Original Year: Mumbai ITAT Deletes Penalty
Gujarat HC Allows Section 11(1A) Exemption to Charitable Trust, Quashes Section 264 Rejection
Bogus Purchases & Sales Cannot Justify Entire Purchase Addition; 5% GP Applied: Delhi ITAT
ITAT Ahmedabad Dismisses Revenue Appeals on Goodwill, Electricity & Steam Valuation
IBC Resolution Plan Bars Pending Pre-Approval Income Tax Proceedings: ITAT Mumbai
ITAT Jodhpur Deletes ₹3.36 Crore Section 69A Addition on Demonetisation Cash Deposits
ITAT Delhi Upholds LIBOR Plus 300 Basis Points for Foreign-Currency Loans
ITAT Deletes ₹4.26 Crore Section 14A Disallowance Against PNB Gilts
ITAT Jodhpur Restores 12AB Registration Application for RPT Act Exemption Examination
Section 263 Cannot Import Later Restrictions into AY 2022-23: ITAT Chennai
Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 (FAST-DS 2026)
Non-Registration under Rajasthan Public Trust Act Cannot Alone Defeat Section 12AB Renewal: ITAT Jodhpur
Corpus Donations Not Taxable Merely Due to Section 10(23C)(vi) Claim: ITAT Jodhpur
ITAT Mumbai sets aside ISKCON 12AB rejection and grants 80G renewal
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.
