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.
Safe Harbour Rules under New Income Tax Act, 2025 & Rules, 2026: Part I
Foreign Tax Credit Cannot Be Denied for Delay in Form 67 – ITAT Remands for Verification
Penalty U/s 270A Quashed – Failure to Specify ‘Misreporting Limb’ in Notice Held Fatal
Section 12AB & 80G Rejection Set Aside – ITAT Holds ‘Proposed Activities’ Sufficient, Orders Fresh Consideration
CBDT Instruction 1916 Applies to Taxation Too – ITAT Deletes Jewellery Addition Within Prescribed Limits
Section 10AA Deduction Allowed Despite Late Filing of Form 56F – Procedural Lapse Held Curable
TCS Rates under Section 394(1) w.e.f. 01.04.2026
Agricultural Land Outside Municipal Limits Not a Capital Asset; Section 153C Proceedings Invalid Without Incriminating Material
Section 194-IA to 393: How Single Form Filing Simplifies TDS on Property Deals
Have you received email from Income Tax Department Seeking Clarification?
ITAT Hyderabad: Section 10AA Deduction Allowed Despite Late ITR & Minor Form 56F Delay; Procedural Lapses Not Fatal
ITAT Hyderabad: Foreign Tax Credit Cannot Be Denied for Delay in Filing Form 67; Requirement Held Directory
Accepted Cash Balance Can’t Be Rejected: ITAT Deletes ₹16.55L Addition u/s 69A
TDS Liability on LTC Cannot Arise When Deduction Barred by HC Interim Orders
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.
