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 Quashes Reassessment as Search-Based Material Required Action Under Section 153C, Not Section 148

Appeal Dismissed as Section 143(1) Intimation Merged With Subsequent Scrutiny Assessment

Charitable Trust Exemption Allowed as Delay in Form No. 10 Filing cannnot Defeat Genuine Claim

Charitable Trust Exemption Restored as Delay in Form 10B Filing Alone cannot Defeat Claim

Income Tax Reopening Sustained as Assessee Was Alleged Beneficiary of Accommodation Entries

Reassessment Notice Upheld as Information on Shell Companies Constituted Tangible Material

Delhi HC Allows Reassessment as DRI Information on Alleged Bogus Purchases Constituted Tangible Material

Home Loan: Boon or Burden under New Income Tax, 2025

US vs India Corporate Tax: The Compliance Gap MNCs Underestimate

CBDT Directs Uniform Application of Sections 68 to 69D as C&AG Flags Tax Assessment Errors

Genuine Educational Activities Prevail Over Alleged Irregularities: Delhi ITAT Restores Trust Registration

Leave Encashment Disallowance Set Aside as Revised ₹25 Lakh Limit Was Recognized

Appeal Succeeds as Beneficial CBDT Notification Applied to Leave Encashment Claim

Leave Encashment Addition Deleted as ITAT Applied Revised CBDT Exemption Limit
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.
