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.

Union Budget 2026–27: Expectations, Tax Changes & Reforms

Union Budget 2026: Policies to Sparkle India’s Gems & Jewellery Sector

WhatsApp Chats Between Third Parties Not Evidence Against Company Without Corroboration

Commission Addition Deleted for Lack of Proof of Accommodation Entries: ITAT Delhi

ITAT Chennai Dismissed Income Tax Appeal Due to Ongoing Insolvency Proceedings

No TDS on reimbursement of interest paid by a partner on behalf of firm

Double Taxation Bar Invoked to Delete Interest TP Adjustment: ITAT Delhi

Section 271D/271E Penalty Fails once Quantum Additions Deleted for Cash Loan Violations

Once Section 263 Order Is Quashed, Fresh Assessment Cannot Survive: ITAT Delhi

ITAT Pune quashed Penalty u/s. 270A(9) due to failure in specifying applicable limb

Special Income Tax Audit Without Valid DIN-Based Approval Void Ab Initio: Bombay HC

ITAT Delhi Set Aside Section 153C Orders for Exceeding Ten-Year Block

Manual Section 143(2) Notices Without DIN Invalid: ITAT Delhi

Demonetisation Cash Deposits: ITAT Cuts Section 68 Addition to ₹2 Lakh as Books Not Rejected
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.
