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.
Faceless Assessment Quashed for Ignoring Adjournment Request: Bombay HC
₹308 Cr Tax Demand Stayed as Import Addition Breached Natural Justice: Bombay HC
No Section 11 Exemption, but Can CPC Tax Every Rupee a Trust Receives?
Fresh Section 12AB Application Not Barred by Earlier Rejection: ITAT Bangalore
Foreign Tax Credit Put in Wrong Column, Form 67 Filed Late: ITAT Bangalore Allows Claim
Section 11 Exemption Cannot Be Denied Solely Because Final Registration Followed Return Filing
Fresh Assessment After CIT(A)’s Directions: Can Assessee Appeal Straight to ITAT?
Salary Earner, Commercial Tenant, Sub-Lessor: Which Head Applies to the ₹95 Lakh Receipts?
Form 67 Filed Late, US Tax Paid on Time: Bengaluru ITAT Allows Foreign Tax Credit Claim
Standard Deduction in the New Tax Regime for FY 2025-26
Old Notes Deposited After 24 November 2016: Does That Make Cash “Unexplained”?
Anonymous Donation Addition Remanded for Donor Verification: ITAT Bangalore
BSNL VRS: A Return Filed on Employer’s Tax Treatment Does Not End Exemption Claim
Section 271AAB Penalty Quashed for Failure to Specify Applicable Limb: ITAT Hyderabad
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.
