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.

ITAT Kolkata – Exemption U/s 10(38) Allowed; AO Cannot Alter Cost of Acquisition in Year of Sale

ITAT Kolkata – Addition U/s 56(2)(viib) Deleted; AO Cannot Replace Assessees DCF Valuation with NAV Method

Tax Planning vs Tax Evasion: Understanding Thin Legal Line in Indian Tax Law

Karnataka HC Set Aside Ex-Parte Income Tax Assessment as Notices Sent to Former Employee’s Email

₹4.5 Cr for Loss of ‘ENO’ & ‘Fruit Salt’ Trademark is Capital Receipt: P&H HC

ITAT Reduces Penalty as Tax Sought to Be Evaded Must Exclude TDS and Self-Assessment Tax

Conferences, Hospitality & Events at Luxury Hotels did not qualify as Charitable Activity

Karnataka HC Restores Director Prosecution in TDS Default Case After Trial Court Discharge

Income Received, Accrued & Deemed in India: Determining Tax Liability under Income Tax Act, 1961

Draft Income Tax Rules 2026: Old Regime Re-Emerges

Is India’s Tax System Too Complex for the Common Taxpayer?

A Critical Analysis of Source & Residence Principles under Income Tax Act, 1961

The Vanishing Shield: Is Your Home Loan Interest Losing Its Tax Power?

Bogus Purchase Addition Deleted – Mere Non-Response to 133(6) Notices Not Enough
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.
