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.

Computer-Generated Return Rejection Quashed; HC Directs Review of ₹10 Crore Tax Audit Threshold Issue

ITAT Order Set Aside for Granting Section 12A Registration Without Evidence of Charitable Activities

Multiple Floors in Single Building Not Separate Houses for Section 54 deduction: ITAT Mumbai

Notice Under Section 148 Quashed for Exceeding Limitation Computed Under TOLA

ITAT Deletes ₹50 Lakh On-Money Addition; Section 54F Issue Remanded to check Commercial Use

Taxation of Income from House Property under Section 22 of Income Tax Act, 1961: A Comprehensive Analysis

Union Budget 2026-27: The 5 Year Global Income Exemption: What It Really Means for Non Resident Experts in India

LTCG Addition Deleted as AO Failed to Prove Share Transactions Bogus Under Section 68

Retrospective Amendments under Budget 2026 – Rectification, Revision, Reassessment Options before Tax Authorities

GAAR in India: Fine Line Between Smart Tax Planning and Aggressive Tax Avoidance

Draft Income Tax Rule 51 and 52 – Original Fund Conditions; Forex Conversion Rules for Capital Gains U/s 72

Draft Income Tax Rule 50 – Attribution of Income Taxable under Section 67(10) to Capital Assets of Specified Entity under Section 72

Draft Income Tax Rule 49 – Computation of capital gains for the purposes of section 67(5)

Draft Income Tax Rule 47 and 48: Audit Report U/s 63; Other Electronic Payment Modes
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.
