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 Adjustment Rejected as Revenue Departed from Consistent Past Practice: Karnataka HC

Bombay HC Quashes Assessment as Mandatory Section 144B Procedure Was Not Followed

Madras HC Sets Aside Faceless Assessments as SCNs & Draft Orders Were Not Issued

Calcutta HC Upholds Income Tax Additions as Assessee Failed to Explain Excess Stock & Unrecorded Transactions

ITAT Deletes Sections 270A & 271AAB Penalty as Notice Lacked Specific Charge

ITAT Condones 178-Day Delay in 80G Application Due to Bona Fide Belief, Orders Fresh Review

ITAT: Procedural Delay Should Not Defeat 80G Registration; Trust May Seek CBDT Condonation

Employee Secondment Reimbursements Taxable as FTS as’Make Available’ Test Was Satisfied: Delhi HC

Complete TDS Rate Chart for AY 2026-27 After Finance Act 2026

MMR Cannot Be Applied Through Rectification as Issue Required Detailed Examination

Income Tax Rate Chart for AY 2026-27 After Finance Act 2026

Rates of Depreciation as Per Income Tax Act, 1961

Income Tax Benefits for Individuals & HUFs for A.Y. 2026-27 (FY 2025-26)

Gujarat HC Quashes Section 148 Notice as Adjournment Request Was Ignored
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.
