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.

TP Addition Deleted as Management Support Services Proved Genuine

Income Tax Assessment Set Aside as SCN Reply Was Not Properly Considered

ITAT Delhi Excludes TPO Comparables for Functional Dissimilarity

Interest on Government Grant Not Taxable as It Forms Part of Grant Corpus Under MOU: ITAT Ahmedabad

CBDT CS 04 Scrutiny Guidelines 2026-27: Trust Registration, 12AB, ITR-7 & Form 10BD

Writ Seeking Tax Evasion Investigation Dismissed as No Case for Mandamus Was Made Out

Royalty TP Adjustment deleted as TNMM Accepted as Most Appropriate Method

ITAT Deletes Brand Promotion TP Adjustment as Issue Was Already Settled in Earlier Years

SC Remands Faceless Assessment as Mandatory Section 144B Procedure Was Not Followed

SC Holds Assessment Invalid as Mandatory Draft Assessment Order U/s. 144B Was Not Issued

Bombay HC Quashes Assessment as Mandatory Draft Assessment Order Was Not Issued

CIT(A) Order Set Aside for Admitting Additional Evidence Without Following Rule 46A

Section 80-IA Deduction Upheld as Market Value Must Be Based on Electricity Board Consumer Rates

ITAT Allows Audited Segmental Results as DRP Rejected Them Without Evidence
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.
