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.

CBDT Notifies India-Japan Tax Recovery Pact

Reassessment Fails When Original Reason Disappears – ITAT Chennai Quashes Entire Proceedings

ITAT Quashes Reassessment for Missing Sec 143(2) Notice even after Section 148 Return

Section 54F Relief Allowed in Reassessment: ITAT Treats JDA Flats as Investment

Tax Planning for Managerial Decisions | Finance Act 2025 Updates

Capital Gains Taxability under Income-tax Act, 1961

Bogus Purchases Allegation Rejected as Sales, Stock & GST Records Accepted

12% Profit Estimation & Rejection of Books Set Aside Due to Lack of Justification

No Penny Stock LTCG Addition if no Evidence Linking Assessee to Share Price Manipulation

Penny Stock LTCG Not Bogus Based Only on Investigation Reports: ITAT Ahmedabad

SC to Examine Limitation Extension Denied Due to Invalid DTAA Reference for Pre-2011 Period

Empowering IBBI Registered Valuers under Section 247 of Income Tax Act 2025

Cash Transaction Rules Under Income Tax: Do’s & Don’ts for Small Businesses (From 01.04.2026)

Suspicion Cannot Replace Proof in Labour Charges: ITAT Deleted Ad-Hoc Disallowance
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.
