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.

Gujarat HC Condoned Delay in Form 10-IC Due to ITR-6 Technical Defect

Section 14A Disallowance Capped at Exempt, Income Principal Loan Write-off to Wholly-Owned Subsidiary Allowed as Bad Debt: ITAT Mumbai

ITGOA Flags Pressure to Rush Time-Barring Tax Assessments Amid pathetic Infrastructure

Section 43CA Relief for Marginal Variations: ITAT Mumbai Applies 10% Tolerance Retrospectively and Orders DVO Reference

Section 37 Relief Granted Because Payment Was Not Hit by Pre-2015 CSR Bar

Budget 2026: Analysis of Key Proposals related to Income Tax Act, 1961

CBDT Jewellery Instruction Not Applicable to Bullion: ITAT Delhi Upholds Section 69A Addition

Demonetisation Cash Deposits Fully Explained: ITAT Delhi Deletes Entire Section 69A Addition

Section 54 Exemption Allowed in Full Despite Minor Delay: ITAT Delhi

Survey Admission Alone Cannot Justify Full Disallowance: ITAT Chennai Restricts Land Development Expense Disallowance to 10%

Telescoping of Cash Deposits Allowed Against Cash Advances: ITAT Chennai

Cash Sales Recorded in Books Cannot Be Added Again Under Section 68

CIT(A)’s Power to Set Aside Ex-Parte Assessment Affirmed: ITAT Chennai

Belated Form 10B Is a Curable Procedural Defect: ITAT Ahmedabad Condones Delay and Restores Sections 11–12 Exemption
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.
