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 80G Recognition Denied as Trust Operated Hospital on Revenue-Sharing Model

Reassessment for A.Y. 2015–16 After 1 April 2021 Void: Bombay HC

Section 21 Notice Only Fixes Limitation, Not Arbitral Jurisdiction: SC

Conviction of Tax Assistant Sustained for Bribe for Processing Income Tax Refund

Income Tax Department Prepares for New Law from 1st April 2026

TDS credit reflected in 26AS cannot be denied for procedural lapse: ITAT Mumbai

Section 80GGC Deduction Denied for Alleged Accommodation Entries Without Evidence

Deletion of Protective Income Tax Addition Based on Error Set Aside

Income Tax Exemption Approved for UP Industrial Authority with Conditions

Kota Development Authority Notified for Section 10(46) Income Tax Exemption

Income Tax Penalty Revision Barred After Amnesty Grant for Finality of Disputes: Rajasthan HC

On-Money Gross Receipts Not Taxable, Only Profit Can Be Assessed

Bogus Purchase Addition Deleted Where Documentary Evidence Supports Transactions

Accommodation Entries Taxable Only on Commission, Not Gross Credits
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.
