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.
Foreign Tax Credit Cannot Be Denied Merely for Late Filing of Form 67: ITAT Delhi
ITAT Deletes Section 271D Penalty Due to Absence of Assessment Proceedings
ITAT Deletes Section 69A Addition as WhatsApp Chats Alone Cannot Prove Cash Payments
ITAT Deletes Demonetisation Cash Deposit Addition as Withdrawals Exceeded Deposits
Transitional Issues under Income-tax Act, 2025: A Practical Perspective
Entire Bank Deposits Cannot Be Taxed as Income – ITAT Restricts Addition to 2% in Renukamata Society Cases
ITAT Deletes Expense Disallowance as CAM Charges Were Taxed as Business Income
Journal Entries ≠ Undisclosed Income- ITAT Gives Fresh Life to ₹51 Lakh Additions
No Addition, No Under-Reporting: ITAT Deletes Section 270A Penalty When Income Returned u/s 148 Was Fully Accepted
Section 69B Addition Confirmed as AO Recorded Discrepancies Before DVO Reference
ITAT Mumbai Upholds 6.5% Fixed Interest Benchmark on AE Loans Due to Long-Term Non-Payment
CIT(A) Is Not a Dismissal Counter: ITAT Says Appeals Must Be Decided on Merits, Not Closed for Non-Compliance
Reassessment Beyond 3 Years for ₹8 Lakh Addition? – ITAT Questions Validity of Section 148 Notice
No Parallel Assessment Orders Permissible for Same Assessment Year Under Section 153A Regime
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.
