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.
Demonetization Cash Addition Deleted as ITAT Accepts NRI Remittance Explanation
‘No Addition, No Penalty’ – Section 271E Penalty Invalidated by ITAT Agra
ITAT Rightly Restricted Bogus Purchase Addition to 10% as Sales Accepted: Bombay HC
ITAT Upholds ₹5.97 Cr Addition Due to Non-Disclosure of TDS-Linked Contract Receipts
₹32 Cr Addition Fails: Section 153C Action Quashed in Sunetra Ajit Pawar Case
Compensation Allowed as Revenue Expense Due to Business Expediency
ITAT Hyderabad: 100% Disallowance of Promotion Expenses Unjustified; 50% Adhoc Disallowance Sustained
Mandatory PAN Requirement Introduced for Post Office Transactions Under Income Tax Rules 2026
Seized Cash Explained from Past Records: ITAT Grants Major Relief, Sustains Only Unproved Portion
Reopening Invalid for Want of Proper Approval – ITAT Quashes U/s 148 Notice
Bombay HC Quashes TP Assessment for Missing 30-Day DRP Deadline
No Section 56(2)(x) Tax on Redevelopment Flat Without Possession: ITAT Mumbai
Appeal Can’t Be Dismissed for Delay When Assessment Order Itself Was Not Served: ITAT Mumbai
ITAT Hyderabad: Partial Relief in Cash Seizure Case; Mother’s Explained Sources Accepted on Probabilities
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.
