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.
MEIS Export Incentives are Capital Receipts & Not Taxable Under Income Tax: ITAT Ahmedabad
Replacement of Machinery Giving Enduring Benefit Is Capital Expenditure: Madras HC
Bombay HC Quashed Reassessment Notice to Linkedin as Approval Granted by Incorrect Authority
Interest on Non-Surplus Funds Not Taxable as Income from Other Sources: Delhi HC
Income Tax Reassessment Quashed Due to Approval from wrong Authority: ITAT Pune
Zero Tax Liability on ₹20.54 Lakh Salary Under Old Tax Regime – A Case Study
Interest Not Taxable Due to Direct Nexus with Real Estate Project: Delhi HC
Interest Linked to Project Funds Is Capital Receipt & Not Taxable as other Income: Delhi HC
Telangana HC Quashed Reassessment Due to Invalid Section 151 Approval
Unaccounted cash receipt Addition Invalid Due to Denial of Cross-Examination in Third-Party Document Case
Key Changes in Income Tax Forms under Income Tax Act 2025 (Part-1)
Revision u/s. 263 upheld as related party expense allowed without detailed verification
US Taxation – IRS Audits
ITAT Quashed Income Tax Assessment Due to Absence of Section 127 Transfer Order
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.
