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.

CPC Cannot Deny 25% Tax Rate Benefit Due to Missing ITR Column: ITAT Pune

No Fishing Enquiries in Reassessment – Pune ITAT Quashes 148 Proceedings After AO Dropped Original Issue!

Statutory SLR Deposits Save 80P Deduction – ITAT Bangalore Draws Clear Line Between Mandatory Funds & Idle Surplus!

New PAN Regulations for NRIs, Foreign Entities & Their Representatives

Delhi HC: Additional Documents Can Be Filed in Criminal Tax Prosecution – “Truth Cannot Be Sacrificed for Technicalities”

Delhi HC to Tax Department: 100% Shareholding Doesn’t Make You Owner of Company’s Property

Important May 2026 Income Tax Compliances for Gems & Jewellery Businesses

No Cross-Examination, No Addition: ITAT Deletes ₹1.09 Crore “Entry Operator” Loan Addition

Dead Person Can’t Be Assessed: ITAT Quashes Entire Assessment Despite AO Being Informed of Death

Suppliers Ignoring Section 133(6) Notices Alone Can’t Make Purchases Bogus: ITAT Gives Fresh Lifeline to Liquor Trader

Bombay HC Quashes Reassessment as Limitation Expired Before Assessment Order Was Passed

ITAT Deletes Addition as Sale Value & Stamp Duty Alone Cannot Prove Cash Payment

ITAT Delhi Deletes Section 69A Addition as Excess Agricultural Income Was Declared by Mistake

ITAT Delhi Deletes IDS Addition as Income Was Taxed in Wrong Assessment Year
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.
