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.
Case Analysis: Validity of Re-assessment on a Deceased Assessee’s Estate
Reassessment Invalid if No Addition on Original Issue; AO Cannot Add on Other Grounds
Flat Received on Tenancy Surrender Not Taxable U/s. 56(2)(x) & Section 54F Exemption allowed
12AB Registration Cannot Be Denied Solely for Non-Commencement of Activities ITAT Chennai
ITAT Allows Interest Deduction as Overseas Acquisition Held for Business Expansion
Jewellery Release Ordered as Delay Violated CBDT Timelines & Increased Burden Unjustified
CBDT Notifies Income-tax Rules 2026 and Income Tax Forms
Prior exemption claims under Sections 11 & 12 cannot justify denial of 80G approval
Assessment on Non-Existent Entity Held Void; ITBA Glitch Not a Valid Defense: Delhi HC:
Tax Planning vs. Tax Evasion: What the Tiger Global Verdict Really Tells Us
Section 197 Application Can’t Be Rejected Solely Due to Outstanding Tax Demand: SC
BSNL VRS Compensation Exempt as Retrenchment Under Section 10(10B): ITAT Ahmedabad
No Penalty for Voluntary Correction of Bona fide computational mistakes During Assessment
Loose Sheets Found in Employee’s Two-Wheeler Not Valid Basis for Unaccounted Sales Addition
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.
