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.
ITAT Ahmedabad Upholds ₹2.40 Cr Disallowance u/s 40A(2)(b) for Excess Director Remuneration
Entire Bogus Purchases Cannot Be Added When Sales Accepted: ITAT Dehradun Restricts Addition to 4%
ITAT Pune Quashes Section 263 Revision; Upholds 80P Deduction on Bank Interest
Indexed Cost of Improvement Must Be Allowed Even for Cash Payments: ITAT Rajkot
Only Profit Element Taxable on Cash Deposits & Unsecured Loans: ITAT Rajkot
TDS on Interest to Co-operative Societies: ITAT Mumbai Holds Co-operative Bank Liable u/s 194A
No Depreciation, No Section 50: ITAT Mumbai Deletes Addition on Car Sale
Section 271(1)(c) Penalty Deleted as Section 14A Disallowance Alone Is Not Enough: ITAT Mumbai
Section 271(1)(c) Penalty not leviable on estimated bogus-purchase disallowance: ITAT Mumbai
Bogus Purchase addition restricted to 10% Despite Entry Operator Statement
Assessment Set Aside for Non-Consideration of Mandatory Penalty Provisions
TP Adjustment Based on DRI Allegations Cannot Survive After Exoneration: ITAT Mumbai
Direct Tax Code (DTC) 2025: Overall analysis and Key Changes
SC: Capital Gains from Indirect Share Transfer Taxable; DTAA protection denied
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.
