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 68 Addition Rejected After Remand Report Confirmed Sale of Investments: Calcutta HC
Section 68 Inapplicable to Sale Proceeds of Disclosed Investments: ITAT Delhi
Section 68 Addition on Sale of Previously Disclosed Shares Deleted to Avoid Double Taxation: ITAT Delhi
Section 44AD Inapplicable Above Turnover Limit; Past Profit Rate Adopted: ITAT Agra
Belated Form 10-IE Does Not Invalidate Continuing Section 115BAC Option: ITAT Pune
Various Threshold Limits under Income Tax Act
CBDT Monetary Limit Exception Held Prospective; Low Tax Effect Appeals Disposed: Bombay HC
Section 153C Notices Upheld as Satisfaction Note Not Belated: P&H HC
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
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.
