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.
SLP Filed Only to Get SC Stamp Dismissed Due to 426-Day Delay & Vague Explanation
Gujarat HC Quashed Reopening Due to Absence of Fresh Tangible Material
Union Budget 2026-27 – Corporate Tax Wishlist
CIT(A) Cannot Dismiss Appeal In Limine Without Adjudication on Merits
Section 153A Invoked for Wrong Year; Second Search Abates First – ITAT Quashes Search Assessment for AY 2020-21
LTCG on Flats Received Under JVA Taxable in Year of Sale: ITAT Pune
ITAT Chandigarh Quashed Reassessment Beyond Four Years for No Disclosure Failure
Rural Agricultural Land Outside Section 56(2)(vii)(b): ITAT Deletes ₹59.33 Lakh Addition
Wrong Email Service Invalidates Assessment, Matter Sent Back to AO
No Addition Solely on Form 26AS Mismatch Where Books Are Audited: ITAT Bangalore
Liquor Trader’s Cash Deposits & Purchases Cannot Be Taxed Twice: ITAT Bangalore
Shares Settled in Family Trust Exempt under Section 56(2)(x): ITAT Chennai
Interest from Deposits with Co-operative Banks Qualifies for Section 80P(2)(d): ITAT Allows Deduction in Full
Interest from Co-operative Banks Eligible for Section 80P(2)(d): ITAT Remands for Limited Verification
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.
