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.

New Tax Audit Form 26 Expands Stock Reporting Requirements in 2026-27

Applicability of Section 332(1) of Income Tax Act, 2025 for Educational Institutions Covered by Schedule VII Sl. No. 19

Redeemed My ELSS Fund After 3 Years – Is Gain Taxable & How Much?

ITAT Deletes Section 68 Addition as Accepted Cash Sales Cannot Be Treated as Unexplained

ITAT Deletes Transfer Pricing Adjustment as CCDs Are Not Call Options

ITAT Holds Interest on CCDs Allowable as RBI’s FDI Classification Cannot Govern Income Tax

ITAT Remands Support Service Fee Disallowance as CIT(A) Ignored Documentary Evidence

ITAT Deletes CCD Interest Disallowance as Debentures Remain Debt Until Conversion

ITAT Deletes TP Adjustment as CCDs Remain Debt Until Conversion

SC Allows Income Tax Assessment as Jurisdiction Objection Was Not Raised Within Section 124(3)(a) Time Limit

Allahabad HC Upholds Section 148 Notice as Cash Deposit Information Was Relevant

ITAT Quashes Section 153C Assessments as Proceedings Were Barred by Limitation

ITAT Deletes Demonetization Cash Deposit Addition as Books & VAT Records Were Accepted

Telangana HC Restores Income Tax Appeals After Vivad Se Vishwas Lapse
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.
