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 271(1)(c) Penalty Deleted as Mere Addition Not Proof of Concealment: ITAT Delhi
Section 263 Revision Quashed as AO Had Examined Service Tax & Depreciation Issues
The Digital Tax Dilemma: Decoding India’s Equalisation Levy
Draft Income Tax Rule 66 – Audit Report Filing Requirement for Deductions under Sections 46, 138 to 144
Draft Income Tax Rules 63, 64 and 65 – Prescribed Authority for National Eminence University Approval (Section 133), Notification Guidelines (Section 133(1)(a)(xxiv)), and Deduction Conditions (Section 134)
Draft Income Tax Rule 62 – Prescription Requirements for Certain Diseases for Deduction under Section 128
Draft Income Tax Rule 61 – Medical Authority Certificate for Autism, Cerebral Palsy and Multiple Disabilities for Deductions under Sections 127 and 154
Draft Income Tax Rule 60 – Conditions for Carry Forward and Set-Off of Accumulated Loss and Unabsorbed Depreciation in Amalgamation
Draft Income Tax Rule 59 – Computation of income chargeable to tax under section 92(2)(l) of the Act
Draft Income Tax Rule 58 – Prescribed class of persons for the purpose of section 92(3)(i) and section 79
ITAT Jabalpur Restores Appeal in PISM Logistics Case: Reaffirms Importance of Natural Justice
Draft Income Tax Rule 57 – Determination of Fair Market Value of Income-tax Rules, 2026
Draft Income Tax Rules 54, 55 and 56 – Slump Sale Accountant Report, Valuation Officer Reference Conditions (Section 91(1)(b)), and FMV Definitions
Draft Income Tax Rule 53 – Computation of fair market value of capital assets for the purposes of section 77 of the Income tax Act
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.
