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.
Draft Assessment Ignoring Filed Return Set Aside for Fresh Consideration: Madras HC
Assessment Order Passed on Deceased Person Is Nullity in Law: ITAT Ahmedabad
Amalgamation Goodwill Eligible for Depreciation; Notional Interest on AE Receivables Deleted: ITAT Delhi
Income Tax Refund Adjustment Stayed Pending Rectification & Appeal Disposal: Kerala HC
Section wise Income Tax Deductions for AY 2026-27/ FY 2025-26
Section 148 Reopening Based on Incorrect Facts & Borrowed Satisfaction Quashed: ITAT Kolkata
Negative Cash Balance Alone Cannot Be Treated as Undisclosed Income: ITAT Delhi
Allowances / Exemptions Under Income Tax Act, 1961
Accrued Business Liability Deductible Despite Future Payment: ITAT Mumbai
TDS- Section 194IA Payment on transfer of immovable property
Section 271(1)(c) Penalty Unsustainable When Section 148 Returned Income Accepted Without Addition: ITAT Chennai
Abandoned Project Expenses & Lease Rent Allowable as Revenue Expenditure: ITAT Delhi
Section 153C Limitation Begins from Receipt of Seized Material by JAO: ITAT Delhi
Returned Income Must Be Accepted When Fresh Assessment After ITAT Remand Is Time-Barred: Bombay 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.
