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.

Bombay HC Quashes Section 270A Penalty Due to Absence of Under-Reported Income

No Section 69A Cash Deposit Addition Without Proper Inquiry & Evidence: ITAT Mumbai

Penny Stock Allegation Rejected Due to Lack of Evidence Against Share Transactions

ITAT Rejects TP Adjustment Due to Incorrect Benchmarking of Power Tariff

Reassessment Notice Time-Barred as Issued Beyond Limitation Period: Karnataka HC

Complete TDS Rate Chart for FY 2026-27 with Section-Wise Breakdown

Loose Sheets and Digital Data Not Enough: ITAT Quashes Additions for Lack of Evidence

Human Rights Commissions Ignore Lynching of Muslims: Hon’ble Mr Justice Atul Sreedharan

Channel owners cannot be taken as comparables for distributors for transfer pricing purpose

Gold Monetisation Scheme 2026: Earn Interest on Idle Gold at Home

ITAT Deletes PF/ESI Disallowance as Section 143(1) Adjustment Held Beyond Scope

ITAT Quashes Section 271(1)(c Penalty as Unsigned SCN Held Void in Law

Section 11 Exemption Allowed as Property in Trustees’ Names Held Not Beneficial to Them

TDS Default Not Applicable as Section 197 Certificate Covers Entire Assessment Year
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.
