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 148 Reassessment Set Aside as Based on Change of Opinion: Madras HC

Section 68 Addition Quashed as AO Failed to Prove Creditors Were Shell Companies: ITAT Ahmedabad

ITAT Mumbai Affirms Section 14A Ceiling at Exempt Income

Section 12AA Registration Upheld as GPU Charitable Status Recognised: Gujarat HC

Section 69A Addition Deleted as Cash Deposits Were Business Turnover: ITAT Chennai

Section 10(37) Exemption Allowed; Agricultural Land Held Outside Capital Asset Definition: ITAT Chennai

Section 50B Capital Gain Addition Deleted as Slump Sale Already Taxed: ITAT Mumbai

ITAT Rajkot Condoned 1987-Day Appeal Delay Due to Wrong Tax Advice

Rental Income from Let-Out Office Taxable as House Property Income: ITAT Delhi

Section 154 Rectification Set Aside as Section 40(a)(ia) TDS Issue Was Debatable: ITAT Delhi

Section 148 Reopening Challenge Rejected on Statutory Appeal Availability: Gujarat HC

Section 147 Reassessment Quashed as Escaped Income Below Section 149 Threshold: ITAT Rajkot

Advance Tax Provisions Retained in Income-tax Act 2025 with Renumbered Sections

Cum Tax Benefit Allowed on 26AS Value Accepted by Settlement Commission: P&H 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.
