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.
TDS on Property Purchase Cannot Be Avoided Due to Unpaid Consideration: ITAT Bangalore
ITAT Deletes ₹1.13 Crore Business Promotion Disallowance Due to Lack of Adverse Findings
ITAT Remands Section 69A Addition as CIT(A) Failed to Pass Proper Speaking Order
PF & ESI Disallowance Removed as Income Tax Act 2025 allows Deposit till ITR Due Date
Section 271C Penalty Deleted as Proceedings Were Barred by Section 275(1)(c) Limitation
Section 263 Revision Invalid as AO Already Examined Accumulated Fund Utilization: Bombay HC
Bogus Purchases Fully Disallowable as Supplier Was Found Non-Existent: ITAT Kolkata
Section 44AD Cannot Apply as Turnover Exceeded Prescribed ₹2 Crore Limit: ITAT Kolkata
Who Is Responsible For Filing Return of Income?
LTCG Exemption Allowed as Documentary Evidence Outweighed Penny Stock Allegations
Advance Write-Off Allowed as Business Loss When Linked to Commercial Purpose: ITAT Delhi
ITAT Restricts Section 69A Addition as Assessee Produced Cash Deposit Evidence
Delhi HC Rejects Delay Condonation as Form 10-IC Application Was Filed Beyond Three-Year Limit
Entire Bogus Purchase Amount Cannot Be Taxed Without Considering Profit Element: Gujarat HC
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.
