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.
Assessment Quashed as Returned Income Exceeded Monetary Limits of ITO Jurisdiction
ITAT Surat Upholds Bogus LTCG Addition on Sunrise Asian Penny Stock, Applies ‘Human Probability’ Test
Notional Rent from Sister Concerns Taxable as ‘Other Sources’: ITAT Mumbai
ITAT rejected TPO’s recharacterisation of Boeing India as Full-Risk entity in technical services arrangement
Section 80GGC Deduction Denied Due to Suspicious Political Donation
ITAT Deletes Section 68 Addition Because Cash Deposits Were Supported by Recorded Sales
ITAT Deletes Section 270A Penalty Due to Defective Notice and Bona Fide Reliance on Form 16
ITAT Deletes Addition as WhatsApp Chats Lacked Section 65B Certification
Assessment Quashed as Department Failed to Share Incriminating Search Material
Income Tax Compliance Calendar FY 2026-27
CBDT Revises monetary limits for jurisdiction of Wards & Circles in JAO charges in Delhi
ITAT Mumbai Excludes MPS Ltd. as Comparable, Deletes ₹18.80 Crore TP Adjustment in ITES Case
Transfer Pricing Addition Sent Back as DRP Failed to Properly Examine Functional Comparability
ITAT Surat Upholds Taxation of Only Commission Income in Cheque Discounting Case, Deletes ₹3.15 Crore Section 68 Addition
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.
