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.

Telescoping Allowed; Cash Found Explained from Firm’s Surrendered Income

Buyback Tax Reset: How Finance Act 2026 Changes Game for Shareholders

The Shift in Sovereign Gold Bonds: Analyzing the 2026 Tax Rules

Budget 2026 Failed To Redress The Persistent Practical Problems

An Analytical Overview of Finance Bill 2026: Key Tax Implications for Corporates

Addition Based Solely on Husband’s Statement During Survey u/s 133A Unsustainable: ITAT Guwahati

Protective Additions u/s 68 & 69C Invalid Once Substantive Addition Sustained: ITAT Mumbai

No indefinite pretrial detention when existence of proceeds of crime is doubted

No Artificial Split of Bank Credits; Entire Deposits Treated as Business Receipts @ 4%

Demonetisation Cash from Property Sale Explained; Addition Deleted Despite Time Gap

Section 12A/80G Cannot Be Rejected Solely for Lack of Past Activity: ITAT Chandigarh

145(3) Upheld but 1% NP Excessive; Beer Trader’s Margin Rationalised to 0.50%

Section 68 Addition Deleted; Loans from Alleged Entry Providers Accepted on Consistency

Section 56(2)(vii)(b) Automatic, but DVO Reference Mandatory When Valuation Disputed
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.
