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.

Denial of Cross-Examination Vitiates Assessment Based on Third-Party Statements: Gujarat HC

Reopening Beyond Three Years Invalid Without PCCIT Approval: ITAT Amritsar

JDA Advances Not Taxable as Business Income Where No Transfer under Section 2(47): ITAT Bangalore

Entire Purchase Can’t Be Added as Bogus When Sales Are Accepted: ITAT Mumbai

Section 271D Penalty Quashed as Time-Barred in Absence of Assessment: ITAT Chennai

Income-tax Act, 2025: Tax Year, Residential Status, Income Heads, Deductions & Key Reforms

Income-tax Refunds Flagged Under RMS: What New SMS/E-mail Means for Taxpayers

Delay of Over Two Years in Income Tax Appeal Prompts HC to Order Time-Bound Disposal

Estimation of Profit Bars Further Expense Disallowance – AO Cannot Blow Hot and Cold

Ultimate Guide: Reporting Foreign Bank Accounts & RSUs in Indian ITR

How to Avoid Income Tax Notices (Legal Guide with Practical Examples)

Section 271D Penalty Quashed Because Transaction Was Accepted as Genuine

Transfer Pricing: Forex Fluctuation is Operating Income/Cost in Cost-Plus Transactions

Disallowance of claim doesn’t amount to furnishing of inaccurate particulars, hence no penalty u/s. 271(1)(c)
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.
