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.

Closing Stock Revalued Without Adjusting Opening Stock Held Unsustainable

Reassessment Quashed Because Notice Was Issued Beyond Limitation Period

Notice Under Section 148 Invalid When Tax Issue Is Concluded in Earlier Years: ITAT Delhi

Bombay HC Quashed Reassessment for Mechanical Section 153D Approval

Section 54 Deduction Allowed Despite Non-Deposit in CGAS

Belated ITR vs Updated Return: Which Option Is Better After 31 December 2025?

Leave Encashment Relief – Revision, Rectification & Condonation

Income Tax Refunds on Hold: Advisory or Indirect Pressure?

Ownership, transfer and business or capital gain needs reverification in joint development agreement

Why ITAT Reverses Income-Tax Additions Based Solely on Bank Statements

Why Your ITR Refund Is on Hold: Income Tax Risk Management Alert

Income Tax Alert: Refund on Hold Due to “Nudge” Campaign — What to Do

Income Tax Email on Foreign Assets: What It Means & What to Do

Section 220(2) Interest Invalid Without Section 156 Demand Notice: ITAT Mumbai
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.
