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.
Section 54F Exemption Cannot Be Denied for Using Other Funds: ITAT Agra
Ludhiana Taxation Bar Seeks Tax Audit Deadline Extension to 31 October 2026
Karnataka Taxpayers Association Seeks Tax Audit Deadline Extension to 31 October 2026
Tax Bar Association Seeks Tax Audit Deadline Extension to 31 October 2026
Allotment Letter Can Qualify as Agreement for Section 56 Valuation: ITAT Mumbai
Bombay HC Orders Rs. 3.25 Cr Section 244A Interest Payment with 6% Compensation
Karnataka HC Rejects ₹10 Crore Addition Based on Uncorroborated Loose Sheet
ITAT Chennai Deletes Rs.85.30 Lakh Section 68 Addition on Cash Gifts
AY 2015-16 Reassessment Notices Issued After 1 April 2021 Must Be Dropped: Karnataka HC
Software Product Company Not Comparable to Captive Service Provider: Karnataka HC
Higher AE Margin Leaves No Scope for TP Adjustment: Karnataka HC
Cash Deposits Cannot Be Deemed Unexplained Without Examining Records: Karnataka HC
Karnataka HC Quashes Ex Parte Reassessment and Restores Proceedings for Fresh Response
High Court Cannot Rework Comparables Like a TPO: Karnataka HC
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.
