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.
Addition Under Section 40A(2)(a) Deleted Due to Incorrect Comparison of Services
Changes in Application for PAN w.e.f 01.04.2026
TDS & TCS Rate Chart FY 2026-27: Guide to New & Old Sections
Representation for enhancement of monetary limit for SMC cases before ITAT
No 143(2) Notice, No Reassessment: ITAT Quashes Proceedings Despite Delayed ITR
Spillover Effect Dead Ends: SC’s Flipkart Verdict, Quashed AO Orders & Dawn of Income Tax Act 2025
Penalty U/s 271(1)(c) Upheld on Bogus Purchases – ITAT Confirms Concealment
Income Tax Act, 2025 is Here: What Professionals Must Know
Reopening for AY 2015-16 After 01.04.2021 Invalid – ITAT Quashes U/s 148 Notice as Time-Barred
Foundation Seed Income Held Agricultural – ITAT Grants Section 10(1) Exemption
Demonetisation Cash Addition Deleted – ITAT Accepts Family Savings Explanation Backed by Affidavit
Unsecured Loan Additions Upheld – ITAT Dismisses Appeal for Failure to Prove Creditworthiness Genuineness
Section 54F Claim Revived – ITAT Allows Fresh Chance to Prove Construction with Additional Evidence
No Fresh U/s 143(2) Needed After Section 263 – ITAT Reverses CIT(A) Revives Assessment
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.
