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.

SC Upholds HC Ruling That TCS Cannot Apply to Compounding Fees in Illegal Mining Cases

Section 11 Income Accumulation Claim Denied as Form 10 Was Not E-Filed: ITAT Chandigarh

ITAT Allows Penny Stock LTCG Claim for Failure to Disprove Documentary Evidence

SC Declines Relief in Reassessment Dispute as Assessee Should Cooperate With Tax Inquiry

Section 148 Proceedings Upheld Procedurally as HC Advises Assessee to Submit Reply to AO

SC Allows Time for Amicable Resolution as HC Refused to Modify Interest Rule on Delayed Counsel Bills

Interest on Delayed Counsel Payments Upheld as Income Tax Department Failed to Justify Delay

Madras HC Quashes Reassessment as Assessee Fully Disclosed Material Facts

Income Tax: Major tax changes taking effect from 1 April 2026

Addition on Property Purchase Deleted as Agricultural Land Was Beyond Municipal Limits

ITAT Mumbai Grants Relief After Portal Glitch Prevented Assessee from Appearing Before CIT(A)

ITAT Mumbai Condoned 790-Day Delay over Denial of Hearing in Temple Trust Case

Lump-Sum Alimony Not Taxable While Monthly Maintenance Is Taxable

Section 12AB & 10(23C)(iiiad): Does Expiry Trigger Exit Tax u/s 115TD?
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.
