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 for Partial Overseas Return Filing: ITAT Mumbai
Search on Third Party Cannot Extend Reassessment Time Without Assessee Link: SC
Captive Power Valuation Must Include Electricity Duty for 80-IA Deduction: Calcutta HC
Cash Deposits from Tractor Sales Can’t Be Taxed as Unexplained Income: ITAT Ahmedabad
Bogus Purchase Addition Remanded as Fresh Evidence Warrants Verification: ITAT Surat
No Capital Gains Tax on Void Sale Deed Executed Through Forged POA: ITAT Ahmedabad
Commission Agent Not Eligible for TDS Credit on Farmers’ Income: ITAT Ahmedabad
SC Dismisses Revenue Appeal as Assessment Based on Guesswork Without Proof
No Addition if Assessment Based on Mere Guesswork & Suspicion: Chhattisgarh HC
No Reassessment on Mere Change of Opinion: SC Dismisses Revenue’s Plea in Marico Case
Justice Deferred, Freedom Denied: A Critique of Preventive Detention Systems
TDS Non-Deduction Rules Tightened Due to Data Analytics Monitoring
Salient Features of Income Tax Act 2025
NOC / Tax Clearance Certificate Templates under Section 420 of Income-tax Act, 2025 – Individual & Company (Form No. 156 replacing Form 30C)
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.
