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.
AO Cannot Tax Entire Sale Consideration as Capital Gain Without Allowing Cost of TDR: Bangalore ITAT
Trade Creditors Are NOT Cash Credits- Mumbai ITAT Deletes ₹16.44 Crore Addition U/s 68
No Penalty on Routine Disallowances in 153C Cases Without Incriminating Material: Mumbai ITAT
CPC Cannot Deny Section 43B Relief for GST Paid Before ITR Due Date Despite Form 3CD Disclosure
Bonus Shares Need Not Inherit ‘Stock-in-Trade’ Character- Bangalore ITAT Treats Infosys Bonus Shares as Exempt LTCG
Medical Conferences Also Qualify as Education, Restores 80G Approval of Cardiology Association: ITAT Chennai
Appeal Before ITAT Not-Maintainable for Failure to Comply With Section 140 Verification Rules
Gujarat HC Quashes Section 148 Reopening Due to Change of Opinion on Section 50C Valuation
Penny Stock Addition Cannot Be Sustained Without Proper Examination of Evidence: ITAT Delhi
WhatsApp Group Led to Tax Relief: Chennai ITAT Condoned 1592-Day Delay in BSNL VRS Case
All About Exempted Income and Deductions under New Income Tax Act, 2025
No Irrevocability Clause Cannot Bar 12AB & 80G Registration; Appeals Infructuous After CIT(E) Approval
Telangana HC Dismisses Writ Seeking Action Against Partners for Non-Filing of Income Tax Returns
Income Tax Act 2025: SFT Reporting, PAN Rules, Faceless Assessments & Revision Powers
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.
