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.
SC Dismisses Revenue’s SLP Due to Delay & Lack of Year-Specific Material in Reassessment
No Liability Cessation Without Remission: ITAT Deletes Section 41(1) Addition
Late Form 10B Filing Not Fatal—ITAT Allows Exemption if Audit Report Filed Before Processing
U S Taxation, 2026: Penalties for late filing of returns/ paying taxes
Wrong Invocation of Section 153C- ITAT Quashes Assessments Where Assessee Was Himself Searched
ITAT Limits Its Directions – Excludes Comparables Due to Improper Remand to DRP
SC Dismisses SLP Due to Delay, Upholds Quashing of Reassessment on Settled Section 80P Issue
No Reassessment on Section 80P Deduction Covered by Binding Precedent: Gujarat HC
Partial Disallowance Upheld as Assessee Failed to Prove Full Business Nexus of Expenses
ITAT Mumbai Deletes TDS delay Interest as Cheque Tender Date Considered Payment Date
ITAT Mumbai Restores ₹32.67 Cr Loan Addition Due to Incomplete Verification of Creditors
CPC Cannot Reduce TDS Credit Based on Turnover Differences in 26AS: ITAT Delhi
SC Dismisses Income Tax Appeal Due to 503-Day Delay and Lack of Sufficient Cause
Income Tax Appeal Disposed Due to Similarity with Earlier Case and Lack of Distinguishing Facts
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.
