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 Mumbai Allows Gift Card Discount Claim as Liability Crystallised at Time of Sale

Gujarat HC Upholds 6% Addition on Bogus Purchases Due to Embedded Profit Element

Calcutta HC quahses Section 148 Notices Due to Expiry of Three-Year Limitation

Goetze (India) Ltd. Does Not Restrict Appellate Authorities From Entertaining New Claims: ITAT Chennai

Revenue Can Challenge Issue in Later Years if Earlier Non-Filing Was Due to Inadvertence: Delhi HC

ITAT Deletes Section 69C Addition as System-Generated Import Data Differences Were Not Real Expenditure

Duty Drawback Accrues After Approval: SC Upholds Delhi HC Ruling

Duty Drawback Taxable on Approval, MODVAT Credit Allowed u/s 43B, but 80IB Must Be Reduced for 80HHC: Delhi HC

Why Filing ITR Too Early in 2026 Can Be Risky: AIS, 26AS, TDS & Notice Risks

Delhi ITAT Deletes Penalty on Deemed Rent Addition as Issue is Debatable

ITAT Allows 80-IA Relief on Carbon Credits & Deletes Creditor Write-Back Addition

Delhi ITAT Condones 168-Day Delay as Assessee Had No Knowledge of Assessment Order

ITAT Quashes Reassessment as Search Material Required Section 153C Proceedings

Wrong ITR Figures Alone Can’t Trigger Section 68 Addition: 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.
