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 Delhi Quashes Reassessment Beyond Four Years for Lack of Disclosure Failure

ITR Filing for AY 2026-27: Guide to Choosing the Right Form

ITAT Deletes Section 115BBE Tax as Surrendered Income Was Disclosed Before Amendment

Penny Stock Addition Fails: ITAT Says Suspicion Cannot Replace Evidence

Borrowed Satisfaction: ITAT Quashes Penny Stock Additions in Multiple Family Cases

Statement Alone Cannot Justify ‘On-Money’ Addition: ITAT Mumbai

Genuine ITR Mistake Cannot Lead to Tax on Wrong Income: ITAT Mumbai

Frequently Asked Questions (FAQs) on FIIs Income Tax Exemption

Frequently Asked Questions (FAQs) on BIS Income Tax Exemption

Accepted Disclosure Cannot Be Treated as Misreporting for Penalty Purposes: ITAT Surat

Reassessment Quashed as AO Taxed Capital Gains Instead of Recorded Escapement Issue

Section 54 Relief Allowed on Construction Cost as New House Was Built Within Statutory Period

ITAT Delhi Deletes Demonetisation Addition for Cash Sales Properly Recorded in Books

Demonetization Addition Reduced for Cash Deposits Supported by Recorded Sales
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.
