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.
Section 153A Invalid Due to Absence of Incriminating Material in Unabated Years
CBDT Notifies OPELIP for Section 10(46) Tax Exemption on Specified Income
Reassessment Quashed as Mechanical Approval u/s 151 & Jurisdiction Wrongly Assumed by ITO
Section code related to TDS under Income Tax Act, 2025
ITAT Deletes Penny Stock Addition as Shares Were Purchased in Earlier Assessment Year
ITAT deletes addition of unexplained income as cash deposit evidence was furnished
No draft order, no assessment: ITAT quashes order for Section 144C violation
ITAT Bangalore Deletes Sec. 69A Addition on Cash Re-deposit Out of Explained Loan Withdrawals
Missed DRP timeline kills TP addition; ₹288 Cr share capital upheld
Wrong signatory, no appeal: ITAT dismisses RGUHS case as invalid
ESOP cost is revenue, not capital: ITAT allows ₹721 Cr deduction
U/s 80P relief on bank interest: ITAT follows Tumkur, rejects Totgars
Double addition flagged: ITAT gives vegetable trader one more chance-with cost
Slump sale ≠ expense test: ITAT allows full loss on discontinued business
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.
