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.

Summary Rejection of Appeal for Mere clerical error Without considering Merits was Invalid: ITAT Ahmedabad

Delhi HC Upholds Section 148A Notice on Bogus Transactions Despite Non-Supply of Full Material

Google Map Confirms Agricultural Land; Addition Deleted for Natural Justice Violation

Draft Income-tax Rules 2026

Section 54EC: Law, Amendments, Judicial View and Practical Application

Payments to Consultant Doctors Are Professional Fees, Not Salary — No TDS Default U/s 201

Cryptocurrency Taxation in India: Capital Gains, Business Income or a Special Regime?

Cash Deposits Explained by Withdrawals & Opening Balance – Section 69A Addition Quashed

FMV of Shares Must Follow Rule 11UA — Ad-hoc Mark-Up of Assets Not Permissible u/s 56(2)(iia)

Approved Isn’t Approval – Mechanical Section U/s 151 Kills Reopening at Birth

Registration U/s 12AB Cannot Be Denied by Sitting in Judgment Over Financial Prudence — ITAT Delhi Restores U/s 12AB Registration

Deeming fiction of section 50C not extended while working WDV to claim depreciation on block of asset

Property Received Under Family Settlement Not Taxable u/s 56(2) — Gift Deed Only a Formal Consequence

Section 144 Assessment Upheld, Cash Addition Slashed Section 115BBE Disallowed – Partial Relief to Transporter
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.
