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.
ITAT Cancels Section 263 Revision as Issue Was Already Pending Before CIT(A)
ITAT Deletes Section 69B Addition as Excess Stock Was Recorded as Business Income
ITAT Denies Section 80GGC Deduction as Political Party Denied Reciept of Donation
ITAT Sustains Section 80GGC Political Donation Addition as Donation Was Found to Be Non-Genuine
Why RERA & Income Tax Reconciliation Is Crucial for Real Estate Developers
Wrong Section Used to Deny Depreciation Set-Off; Section 263 Order Quashed
Municipal Body’s Section 10(20) Exemption Cannot Be Denied Due to Wrong Claim in Return
No Addition on a Different Issue if Reopened Issue Fails: ITAT Deletes ₹5.75 Crore Disallowance
Retracted Statement Alone Cannot Justify Section 68 Addition: ITAT Deletes Accommodation Loan Additions
Section 263 Cannot Be Invoked as AO Made No Addition After Enquiry: ITAT Mumbai
Search-Based Addition Cannot Be Made Through Reassessment; ITAT Quashes Entire Assessment
Which Income-Tax Law Applies to Returns Filed After 1st April 2026?
Bangalore ITAT Condones 367-Day Delay and Rejects Challenge to NFAC Jurisdiction in Reassessment Case
CIT(A) cannot Change Section of Addition from 69C to 69B Without Notice: ITAT Delhi
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.
