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.
Circular Trading Not Bogus, 12.5% Purchase Addition Deleted
ITAT Lucknow Holds Original Assessment Revives Once Section 263 Order Is Set Aside
Sections 201 and 40(a)(ia) Operate Independently on TDS Failures
ITAT Ahmedabad Deletes Section 68 Addition on Alleged Accommodation Sales
Section 69C Commission Addition Falls After Section 68 Deletion
ITAT Agra Deletes Section 270A Penalty on Ad-hoc Disallowance Without Rejection of Books
Reopening Invalid as JAO Lacked Jurisdiction Under Faceless Scheme
Cash Found in Search Taxable in Company’s Hands, Not Director’s: ITAT Mumbai
Section 68 Cannot Be Invoked in Partner’s Hands for Firm’s Loan Write-Back: ITAT Mumbai
Final assessment order time barred as passed beyond time prescribed u/s. 144C
U.S. Taxation 2026: Itemized Deductions Explained for AY 2025–26
Employee Entitled to TDS Credit Despite Employer’s Failure to Deposit Tax: Delhi HC
Delhi HC Stayed Demand Under Section 143(1) Due to Double Disallowance Error
Delhi HC Dismissed Income Tax Review Petitions for Lack of Error Apparent on Record
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.
