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.

No Section 68 Addition When Demonetization Cash Deposits Explained by Books: Allahabad HC

No TDS on Foreign Commission as Income Not Taxable in India: ITAT Rajkot

Transition of Income Tax Act 1961 into Income Tax Act 2025 – Key Changes

Corrigendum to Notification of Income tax return Form U

Corrigendum to Notification of Income tax return Form 7 (ITR 7)

Corrigendum to Notification of Income tax return Form 6 (ITR 6)

Corrigendum to Notification of Income tax return Form 5 (ITR 5)

Corrigendum to Notification of Income tax return Form 3 (ITR-3)

Corrigendum to Notification of Income tax return Form 2 (ITR-2)

Corrigendum to Notification of Income tax return Form 1 and 4 (ITR-1 & ITR-4)

Mandatory CSR Spending Does Not Bar Section 80G Deduction: ITAT Ahmedabad

No Disallowance on Proven Loan Use; Forecasting Expense Allowed as Business Cost – Aishwarya Bachchan Gest Relief

80P Relief Largely Allowed – Interest on Investments Held Eligible, Staff Loan Interest Taxable

Nominal Members No Bar for 80P Deduction—ITAT Allows Relief & SBI Interest Expense Set-off
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.
