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.
Search Assessments Quashed for Lack of Prior U/s 153D Approval
Documented and Repaid Unsecured Loans Cannot Be Treated as Accommodation Entries u/s 68
No TPO Variation, No DRP Route: Assessment u/s 144C Quashed as Without Jurisdiction
TDS Credit Cannot Be Denied Due to Reporting Mismatch
Section 68 Additions Rejected as Loan Repayment and Cash Sales Explained
RTGS Sale Proceeds via Credit Society Not Unexplained Money
Legal Heir Participation Cannot Cure Invalid U/s 153C Jurisdiction
Income Tax Appeals Dismissed Due to NCLT Moratorium Against Personal Guarantors
Unsecured Loans Through Banking Channels Accepted; Section 68 Addition of ₹2.87 Cr Deleted
ITAT Delhi Quashed Reassessment for Invalid Sanction Beyond Three Years
2026 Union Pre-Budget Wishlist: Personal Tax
Final Orders After DRP Beyond Section 153 Limit Quashed Despite Pending Supreme Court Reference
Cash Advance Adjusted Through Tripartite Deal Not Unexplained Cash Credit U/s 68
Final Assessment Ignoring DRP Directions Held Void; No Post-Limitation Cure Permissible
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.
