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.

Parameters for compulsory selection of income-tax returns filed in FY 2025-26

No Section 271D Penalty if No Assessment Was Made & No Satisfaction Was Recorded: ITAT Delhi

ITAT Quashes Reassessment as Moratorium Under IBC Barred Fresh Tax Proceedings

Loan Confirmations Alone cannot Prove Creditworthiness of Creditors: ITAT Mumbai

CSR Expenditure Not Automatically Bar Section 80G Deduction: ITAT Ahmedabad

Taxability of Perquisite in rent-free or concessional Employee Accommodation

No Tax Deduction: Form 15G and Form 15H Declarations

Understanding Equalisation Levy: Online Advertising & E-commerce

Gujarat HC Deletes LTCG Addition as Penny Stock Allegation Was Unsupported by Evidence

Delhi HC Upholds Reassessment Notice as Time Granted for Reply is Excluddible from Limitation

Rajasthan HC Quashes Section 148 Proceedings as Notice Was Issued Against a Deceased Person

Gujarat HC Dismisses Section 68 Addition as Loan Identity, Source & Repayment Established

Gujarat HC Dismisses Tax Appeal as DVO Reference Was Not Permissible Under Pre-2012 Section 55A

Long-Term Share Holding Not Penny Stock Because Investment Was Held for 10 Years
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.
