Income Tax
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Sec. 12A/80G Rejected by CIT Exemption: Options Under Income Tax Rules 2026

Applicability of provisions of the Evidence Act, with respect to digital evidence, were applicable to Income-tax proceedings?

Buy Back Taxation – Finance Act – 2026 – Resettling the unsettled…..

Applicability of tax audit in case of non-specified profession other than 44AA(1)

Provisions Related To ‘Tax Audit’ Under Income Tax Act, 2025 with FAQs

HRA Exemption: 8 Cities Now Qualify for 50% Exemption – A Complete Practical Guide

Gift from Spouse: Tax-Free… Until You Fail to Prove It

Ownership Not Required for 80-IA Claim as Developer Status Depends on Role and Risk Undertaken

Mismatch in Payment & Share Allotment Dates Raises Doubts; ITAT Indore Remanded Matter for Fresh Examination

Reopening Invalid Due to Mere Change of Opinion on Examined Cash Deposits: Bombay HC

GST Turnover Differences Not Taxable if Already Recognized; Notional IND-AS Interest Not Taxable Without Real Accrual

Delay Condoned Due to CIRP as Genuine Hardship Recognized by Gujarat HC

AO Cannot Replace DCF with NAV Without Pointing Defects in Assessee’s Valuation: ITAT Chennai

Section 68 Addition Deleted as Bank Entries Not Considered Books of Account
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.
