Income Tax
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Welcome Changes in Union Budget 2026 related to Income Tax
Section 148 Cannot Bypass Section 153C Search Assessment Framework: SC
Section 153C Prevails Over Section 148 in Third-Party Search Cases: Rajasthan HC
SC Upholds Right to Switch Income Tax Exemption Regime for Statutory Bodies
Telangana HC Allows Statutory Authorities to Switch One Income Tax Exemption for Another
Gujarat HC Ordered Reward Claim Reconsideration Due to Absence of Final Committee Decision
ITAT Mumbai Set Aside Addition Due to Non-Adjudication of Grounds by CIT(A)
Deemed Section 50C consideration cannot limit Section 54F exemption: ITAT Raipur
ITAT Mumbai Held Electronic Advance Tax Payment Timely Despite Next-Day Challan Generation
SC Refuses to Entertain Time-Barred Tax Reopening Dispute Due to Filing Delay
Gujarat HC Allowed Section 11 Exemption Despite Late filing of Form 10B
Section 11 Exemption allowed as Form 10B was available with AO before assessment
80JJAA Deduction allowed as Form 10DA Was Available with tax authorities Before CPC Processing
Karnataka HC Dismissed Revenue Appeal Due to Inapplicability of Section 14A to MAT Book Profits
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.
