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.

Investigation Wing Report Alone Cannot Sustain Section 68 Loan Addition: ITAT Mumbai

Power Agent’s Same-Day Transfers Defeated ₹1.25 Crore Section 69A Addition: ITAT Chennai

Untested Third-Party Statement Could Not Sustain ₹9.65 Crore Gold Addition: ITAT Chennai

UAE Free-Zone Companies: Tax Benefits and Compliance Conditions

CPC’s Section 50C Adjustment Despite Objection Sent for Fresh Examination: ITAT Mumbai

Section 50C Could Not Apply to Relinquishment of Specific Performance Right: ITAT Chennai

CBDT Approves Jai Research Foundation for Scientific Research under Income-tax Act, 2025

Section 144B Procedure Mandatory; Non-Compliant Assessment Is Non-Est: Bombay HC

ITAT Must Decide Delay Condonation Without HC Observations Influencing It: SC

Section 148 Reopening Quashed for No Failure to Disclose Material Facts: Delhi HC

Accepted TNMM Margin Bars Separate Benchmarking of IT Support Cost: ITAT Chennai

608-Day Delay Condoned Due to Bona Fide Section 264 Revision Pursuit: ITAT Mumbai

34-Day ITR Delay for Section 80P Deduction Condoned: Punjab & Haryana HC

Returned Income Above Rs. 20 Lakh Puts Case Beyond ITO Jurisdiction: ITAT Mumbai
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.
