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.
Filing ITR Is Not a Retraction of Section 132(4) Statement: Karnataka HC
ITAT Allows Section 54B Deduction as Remand Report Confirmed Agricultural Use of Land
Cash Loan Recoverable Despite Breach of Income Tax Act as Section 269SS Not Void Transaction
Karnataka HC Quashes Tax Assessment as Assessee Was Not Heard & Unfreezes Account
ITAT Remands Property Sale Gain Addition as Purchase Cost Was Not Considered
ITAT Admits Additional Evidence as Delay Was Due to Accountant’s Son’s Medical Emergency
CBDT Grants Five-Year Scientific Research Recognition to Public Health Foundation
CBDT Approved University of Hyderabad for Scientific Research Tax Benefits
Tax Relief up to 12 Lakh in New Tax Regime, Yet ITR Filing is Still Mandatory
11 Situations Where Filing ITR Is Mandatory for AY 2026-27
ITAT Quashes Reassessment as Section 151 Approval Was Not Obtained from Competent Authority
Section 80P Deduction Allowed on Interest Income Attributable to Credit Society’s Business
Bangalore ITAT Upholds Section 11 Exemption Despite Alleged Capitation Fee Collections
ITAT Quashes Reassessment as Section 151 Approval Was Granted by Wrong Authority
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.
