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.

Jaipur ITAT Allows Section 87A Rebate on STCG under Section 111A for AY 2024-25

Penny Stock Report Without Price-Rigging Evidence Cannot Justify Addition: ITAT Delhi

Tax Audit Under Section 44AB: Limits, Forms, Due Dates and Penalties

ITAT Chandigarh Quashes Time-Barred Section 148 Notice for AY 2015-16

ITAT Delhi Quashes Section 148 Notice Issued in 2022 for AY 2015-16

ITAT Deletion of Section 68 Additions Upheld for Unabated AY Without Incriminating Material

ITAT Mumbai Deletes 40A(2)(b) Disallowance on KPMG Related-Party Payments

Wrong ITR Form Cannot Justify Double Taxation: ITAT Deletes ₹26.69-Lakh Form 26AS Addition

Form 26AS Reveals Income, Not Return Filing: ITAT Restores Section 270A Penalty

Hyderabad ITAT Deletes 69A Addition on Wedding Cash & Rejects 60% 115BBE Rate for AY 2017-18

Madras HC Remands Section 68 Addition After AO Failed to Examine Loan Evidence

Wrong-Year Capital Comparison Cannot Sustain Section 68 Addition: ITAT Mumbai

Accepted Sales Failed to Rescue Bogus Purchases: Hyderabad ITAT Sustains ₹3.93 Crore Addition

Section 153C Applies Where Search Warrant Names Another Person: Karnataka HC
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.
