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.
Set-Off of Losses Allowed on Survey-Declared Business Income
Late Form 67 Filing Ignored Because FTC Is a Vested Treaty Right
Belated U/s 148 Return Costs Assessee: 1% NP Estimation Upheld
Agent Collections vs Own Sales—Hyderabad ITAT Remands 69A Addition for Fresh Verification
Disclosed Rental Income Can’t Be Taxed Under Section 69A: ITAT Hyderabad
Vague 271(1)(c) Notice Fatal: Visakhapatnam ITAT Quashes ₹6.34 Cr Penalty
Refund Claim on Hold – New Risk Management Alert from Income Tax Department (AY 2025-26)
Section 69A Addition of ₹1.86 Cr Set Aside for Lack of Verification of College Fee Collections
ITAT Appeal Dismissed as Infructuous After HC Quashes Recall Under Section 254(2)
Entire Share Sale Proceeds Can’t Be Taxed as Capital Gains: ITAT Visakhapatnam
Interest on Co-operative Bank FDs Still Eligible for 80P Deduction: ITAT Pune
Disclosure During Search Not Enough to Invoke Section 271AAB, Penalty Set Aside
Voluntary Search Disclosure Alone Can’t Attract 271AAB Penalty: ITAT Hyderabad
Cash Labour Payments Cannot Be Disallowed on Guesswork: ITAT Pune
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.
