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.

ITAT Remands ₹38.04 Lakh Tax Addition as Legal Heir Was Not Given Effective Opportunity

ITAT Quashes Assessment as DRP Order Upload Date Determined Limitation Period

ITAT deletes ₹5.68 Crore Addition as Encashed Bank Guarantees Were Govt Funds

Delay in Filing Form 10B Not Grounds to Deny Section 11 Exemption When Report Was Filed Before Processing

ITAT Deletes ₹3.03 Crore Addition as AO Failed to Conduct Independent Verification

Pune ITAT Allows Section 80P(2)(d) Deduction on Co-operative Bank Interest; Totgars Not Applicable

Tax Implications of Investing in FDs, MFs, PMS and AIFs

ITAT Remands Case as CIT(A) Ignored Survey Findings on Accommodation Entries

Presumptive Taxation Simplified as Income Tax Act 2025 Merges 44AD, 44ADA & 44AE

New Income Tax Rule 46(8): Mandatory Daily Backup of Digital Books in India

Revisiting Grandfathering under GAAR: Rule 10U Amendment and Its Impact on Tiger Global

ITAT Deletes Section 271D Penalty as Cash Sale Consideration Is Not Covered by Section 269SS

ITAT Deletes On-Money Addition Due to Lack of Corroborative Evidence

TDS Never Sleeps: How Form 26AS Triggers Tax Scrutiny
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.
