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.

MAT Exemption Extended to More Presumptive Businesses of Non-Residents: Budget 2026

Five-Year Tax Exemption for Non-Residents Rendering Services Under Notified Schemes

IFSC Tax Holiday Extended to 20 Years Under Finance Bill 2026

Finance Bill 2026 Clarifies Tax Treatment of Inter-Group Loans

Budget 2026 – Income Tax Proposals

Jurisdiction of Assessing Officer – Assessment by Non-Jurisdictional AO Held Invalid

Cash Seizure Addition Deleted After Books Were Updated and Verified

Addition u/s 56(2)(vii)(b) Deleted for Want of DVO Reference: ITAT Lucknow Quashes ₹11.59 Lakh Addition

FAQs on Union Budget 2026 related to Income Tax Changes

Section 143(1) Adjustment on PF–ESI Sent Back for Proper Fact Check

Section 68 Addition Deleted Due to Proven Identity and Source of Loans

Renewal of Old Fixed Deposits Is Not Unexplained Investment: ITAT Delhi Upholds Deletion of Section 69 Addition

Penalty for Non-Compliance with Tax Information Powers Raised to ₹25,000

Tax on Unexplained Income Cut to 30% Under Finance Bill 2026
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.
