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.

Interest Expense Allowed; Unexplained Investment Issues Remanded for Verification: ITAT Mumbai

ITAT Mumbai Deletes Estimated Dividend Addition on Shares Not Registered in Assessee’s Name

Business Succession Cannot Validate Reassessment Against Dissolved Firm: ITAT Amritsar

Section 271BA Penalty Invalid After Omission of Section 92BA(i): ITAT Chandigarh

Section 87A Rebate on Section 111A STCG Allowed for AY 2024-25: ITAT Jaipur

FADS 2026: Foreign Bank Account Funded from India: Reporting, Valuation & Tax Risk

ITAT Raipur: No Section 144B Show-Cause Notice Makes Assessment Non-Est

Section 148 Notice Beyond Surviving Limitation Quashed: ITAT Raipur

Section 270A Penalty Quashed as Vague Notice Failed to Specify Exact Charge: ITAT Chandigarh

Income Tax Refund Cannot Be Adjusted Against Pre-CIRP Tax Dues During IBC Moratorium: NCLT Ahmedabad

Income Tax Tax Refund Cannot Be Set Off Against Pre-CIRP Dues During Moratorium: NCLT Indore

Income Tax Claims Not Admitted in IBC Proceedings Cannot Survive: ITAT Delhi

Form 10-IEA Prevails Over Contrary ITR Tax-Regime Selection: ITAT Mumbai

Section 271D Penalty by Assessment Unit Without Jurisdiction Quashed: ITAT Delhi
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.
