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.

How Entrepreneurs & MSMEs Can Raise Business Finance from Banks & Financial Institutions

Accumulated Income Cannot Be Transferred to Another Charitable Trust

Evidence Essential to Deny ITC Under Section 74: Allahabad HC

No Reassessment on Change of Opinion After Section 143(3) Scrutiny: Delhi HC

Appeals Under Income Tax Acts, 1961 & 2025: A Comparison

CBDT Instruction 1916 Protects Only Prescribed Jewellery Quantity: Bangalore ITAT

ITAT Quashes Reassessment Under Section 147 for Change of Opinion on Share Premium

AY 2015-16 Reassessment Notice Issued After 31 March 2022 Is Time-Barred: ITAT Pune

Reassessment Quashed for Not Passing Speaking Order on Objections: Mumbai ITAT

Section 263 Valid for Wrong Section Applied to Bogus Purchases: ITAT Mumbai

Pnding SC SLP Alone Cannot Justify Section 263 Revision: ITAT Mumbai

Section 68 Addition Deleted on Property Advance Received & Refunded Through Banking Channels: ITAT Mumbai

Books Cannot Be Rejected Solely for Non-Maintenance of Qualitative Stock Records: Mumbai ITAT

8% of Unaccounted Sales Taxable, Not Entire Receipts: Ahmedabad 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.
