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.
Bangalore ITAT Slams Flip-Flop by AO; Grants Full 80P Deduction Including Bank Interest to Credit Co-operative Society
US Taxation 2026: Business use of your home deduction
Delhi HC Sets Aside ₹160.43 Crore Addition as AO Ignored Mandatory DRP Directions
Clerical Error in Tax Audit Report Cannot Be Treated as Income: ITAT Deletes Addition
ITAT Quashes Reassessment as Section 148 Notice Was Based on Incorrect Facts & Figures
ITAT Restores 12A Registration Application as Bona Fide Error in Form Clause Cannot Defeat Claim
Section 276B Criminal Proceedings Not Quashed as Service of Notice Established Wilful Default
Income Tax Demand Quashed as Resolution Plan Extinguished Pre-CIRP Tax Dues
ITAT Orders Fresh Review as On-Money Addition Was Based on Loose Sheet
ITAT Quashes Section 263 Revision Because PCIT Raised New Issues Beyond SCN
Kerala HC Denies Interest Deduction as Borrowed Funds Were Invested as Capital in Partnership Firm
Appeal Dismissed as Infructuous as Rectification Order Restored Section 80P Deduction
Section 80P Deduction Disallowance Set Aside as CPC Made Adjustment Without Hearing Assessee
Reassessment Held Void as AO Invoked Section 147 Instead of Section 153C
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.
