Income Tax
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Search Surrender Doesn’t Mean Maximum Penalty: ITAT Cuts Section 271AAB Levy from 90% to 30%

CBDT Delay Can’t Defeat Exemption Claim: ITAT Revives Section 10(46) Relief for Maharashtra Fee Regulator

ITAT Quashes Section 143(1) Adjustment as No Prior Notice Issued

Whether TDS payments are more Tedious or Easy under Income Tax Act 2025

AO’s Own Penalty Order Sinks Reassessment: ITAT Holds First Section 147 Order ‘Infructuous’

SEZ Lease Rentals Are Business Income, Not House Property: ITAT Mumbai

Madras HC Allows Time-Share Membership Fees to Be Spread Over Contract Period

No Fresh Share Premium, No Section 68 Addition: ITAT Mumbai

Section 271D Proceedings Cannot Start Without AO Satisfaction: Telangana HC

Section 12A Exemption Cannot Be Denied Due to Wrong Audit Form Filing: Calcutta HC

Calcutta HC Sets Aside Section 154 Order Passed Beyond Limitation Period

Wrong Section Mention Is Curable, But Addition Needs Valid Legal Basis: ITAT Mumbai

Section 69C Addition Deleted as Customs Assessable Value Is Not Proof of Unexplained Expenditure

Important Changes Under Income Tax Act 2025 & 1961: Series II
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.
