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.
Husband-to-Wife Property Gift Exempt, ₹1.78 Cr Addition Deleted
Third-Party Survey Alone Can’t Justify ₹17.50 Lakh Addition
Cash Deposits Added as Unexplained Income Because Sales Bills Were Not Examined
Settlement Commission not empowered to change head of income
No Proof of On-Money, ₹1.52 Cr Buyer Addition Deleted
No Lack of Enquiry in Loan Verification, PCIT Revision Fails
No Incriminating Material, Section 263 Cannot Override 153A Order
LLP Cleared of Section 68 Additions Due to Proven Partner Funds
Post-2022 Reassessment Fails for Ignoring Faceless Procedure
Section 11 Exemption Allowed Because Late Form 10B Is Procedural
Income Tax Act 2025: Shift from Assessment Year to Tax Year
Director’s Residence Funded by Company: Smart Tax Planning or a Red Flag?
ITAT Pune Condoned 3134-Day Delay as Assessment Order Was Never Served
ITAT Visakhapatnam Allowed Appeal as Revised Return Filed Fraudulently Without Consent
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.
