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.

No Section 69A Addition on Disclosed Property Sale Cash Receipts: ITAT Delhi

Depreciation Allowed on Leased Vehicles Despite Customer Registration: Bombay HC

Section 263 Cannot Revise Search Assessment for Unabated Year Without Incriminating Material: Bombay HC

Section 143(2) Notice Not Invalid for Omitting Scrutiny Category: ITAT Bengaluru

Section 270A Penalty Invalid Without Specific Charge; No Penalty on Bona Fide Debatable Claim: ITAT Delhi

Search Assessments Restored Despite Non-Compliance, Subject to ₹50,000 Cost: Bengaluru ITAT

Section 270A Penalty Invalid Without Specific Charge: Bengaluru ITAT

Beware of Fake ‘Tax Authority Checklist for July 2026’ Income Tax Email

TDS Credit Denied Where Income Taxed in Another Entity’s Hands: ITAT Bangalore

Foreign Tax Credit Can’t Be Denied for Technical Lapses if Form 67 Was Timely Filed: Bengaluru ITAT

8% Commission Income Estimate Without Evidence Unsustainable: Bengaluru ITAT

No Proposal to Scrap LTCG Tax, Govt Clarifies FPI G-Sec Tax Exemption

No Proposal to Scrap LTCG Tax: Finance Ministry

Finance Ministry Clarifies Section 43B(h) and 45-Day MSME Payment Rule
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.
