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.
Budget 2026 Proposes Tax Exemption for Foreign Use of Indian Data Centres
Ad-hoc 20% Profit Estimate Set Aside; ITAT Restricts GP to 5% in Milk Trading Case
Highlights of Direct Tax Proposals in Budget 2026-27 in Bullet Form
Budget 2026 Tax Proposals: A Detailed Commentary on Income-tax Amendments
Section 263 Revision Quashed for Mechanical MAT Adjustment Without Fresh Error
CIT(A) Remand Power Upheld Under New Section 251 Provision
Section 80C Deduction & Agricultural Income Exemption Claims Restored to AO
Block Assessment Period Curtailed for Third Parties Under Finance Bill 2026
Income Tax Penalties Replaced by Fixed Fees to Cut Compliance Litigation
Penalty for Under-Reporting to Be Issued With Assessment, Not Separately
Budget 2026 Barred Interest Deduction on Dividend & Mutual Fund Income
MAT Made Final with Lower Rate & Set-Off Limit imposed
TCS Rates Rationalised to Uniform 2% from 1st April 2026
Jurisdiction for Reassessment Notices Clarified to End Faceless AO Disputes
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.
