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.

Draft Income Tax Rule 242 – Obligation for reporting under section 509 of the Act

Draft Income Tax Rule 241 – Definitions for the purposes of rules 242, 243 and 244

Assessment Void Because Notice Issued to Non-Existing Company After Merger: Bombay HC

Reassessment Notice Quashed Because Section 148 Action Exceeded Surviving Limitation After SC Framework

Proposed Changes to the ITR-U Framework under Finance Bill 2026

CBDT Amends Income-tax Rules & Forms to Include Crypto-Assets & Digital Currency Reporting

Reassessment Valid Where Loose Papers and Purchaser’s Statement Indicate On-Money: ITAT Ahmedabad

Delhi HC Quashes Look Out Circular Due to No Pending Income Tax Proceedings

Draft Income Tax Rule 290, 291, 292: Audit Reports under Schedules IX & X (Sections 48 & 49) & Investment of Fund Moneys

Draft Income Tax Rule 289: Rules for functioning of an electoral trust

Draft Income Tax Rule 288: Guidelines for setting up Infrastructure Debt Fund for exemption under Schedule VII

Draft Rules 286–287: Approval for Employee Welfare Funds & Govt Grant Threshold under Schedule VII

Draft Income Tax Rule 28: Capital Gains Exemption on Relocation of Original Fund

Draft Rule 284: Tax Exemption to Non-Residents for IFSC Derivative Transactions
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.
