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.
SC Remits Section 148A Reassessment Row Back to High Courts
Income Tax: Madras HC Orders Fresh Review Due to Ignored Remand Report Evidence
Bogus Purchase vs Non-Genuine Purchase in Income Tax: Key Differences, Case Laws & Tax Impact
Reopening Invalid Due to Change of Opinion on Same Material: Bombay HC
No Substantial Question of Law Where AO Accepts Claims in Remand: Karnataka HC
SC Dismisses Penalty as Capital vs Revenue Receipt Issue Held Debatable
P&H HC Deleted Penalty as Subsidy Classification Held Debatable Issue
Miscellaneous Application Rejected as Tribunal Lacks Power to Review Its Own Order
Penny Stock LTCG Cannot Be Treated as Bogus Without Independent Evidence: ITAT Delhi
Constitutional Infirmity of Retrospective Section 147A of Income Tax Act, 1961
Sailing in Two Boats: Navigating Dual Regime of Income Tax Act, 1961 & 2025
Year-End Provisions Trigger TDS – ITAT Upholds Default but Grants Relief Window
Souharda Society Wins 80P Deduction – ITAT Rejects Technical Denial & Expands Benefit
Interest Paid = Deductible When Obligation Exists – ITAT Allows Claim on Capital Bond Arrangement
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.
