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.
Re-opening of Assessments under Section 148: What’s Changed & Taxpayer Rights
Concept of Income as per Income Tax Act, 1961: Meaning, Scope & Judicial Interpretation
Denial of depreciation to trust not justified as genuineness of building construction expense proved
ITAT Cannot Dismiss Transferred Appeals for Jurisdictional Doubt: Delhi HC
Co-founder of Flipkart stayed in India for 141 days hence was Indian national for relevant period
No disallowance under rule 8D(2)(ii) as interest-free own funds exceeds investment
Section 80G Approval Saved by 2024 Amendment — Late Filing No Longer Fatal
Vivad-Se-Vishwas Didn’t Mature — Appeal Can’t Die by Assumption
High Share Premium Alone Can’t Trigger Section 68 Addition: Calcutta HC
Section 80P Denial Collapses After Section 119(2)(b) Condonation – CPC Intimation Cannot Survive
Bogus Purchase Disallowance Fails — Third-Party List Alone Is Not Evidence
Joint Hindu Family Properties Presumed Where Ancestral Nucleus Exists – Concurrent Findings Upheld
Reassessment Notices by JAO Validated Retrospectively Under Budget 2026
Interest From Co-op Banks Fully Deductible U/s 80P(2)(d), Totgars Misapplied
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.
