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.

No Evidence Linked Assessee to On-Money Transaction: Gujarat HC Quashes Section 148 Notice

Reassessment Invalid as Mere Change of Opinion Is Not Reason to Believe: Karnataka HC

ITAT Jaipur Deletes Additions as Clandestine Sales Allegation Failed Before CESTAT

Complete Guide to Partner Remuneration & Interest Under Income Tax Act, 2025

New Process for Approved Group Gratuity & Superannuation funds – Form 188

Safe Harbour Rules under New Income Tax Act, 2025 & Rules, 2026- Part III

Section 54F Deduction Cannot Be Denied Without Adequate Opportunity to Furnish Evidence

Environmental Work Is Not Business Activity – ITAT Restores 12A Registration to Conservation Trust

Interest on Compulsory Acquisition of Agricultural Land Still Exempt – ITAT Pune Deletes Tax & Penalty Together

FIFO Prevails: ITAT Mumbai Rejects “Cherry-Picked Shares” as Tax Avoidance

Wrong Section Code Can’t Kill a Genuine Trust – ITAT Rescues 12A Registration from Hyper-Technical Rejection

One Extra “0”, One Massive Tax Demand – ITAT Pune Comes to the Rescue of an Army Jawan

Ex-Parte Rejection of Section 12AB Registration Set Aside as Notice Was Sent to Old Email: ITAT Delhi

ITAT Condones 2659-Day Delay Because Improper Tax Advice Prevented Timely Appeal
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.
