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 144B Faceless Procedure Violations Require Clear Adjudication

No U/s 153A Addition, But Reassessment Power Explicitly Preserved

PF Delay Partly Disallowed, MAT Issue Sent Back for Verification

Income-tax Act, 1961 vs 2025: Paradigm Shift in India’s Direct Tax Law

Section 68 Addition Deleted as Unsecured Loans Were Repaid Subsequently

Mass Tax Alerts on Donation Deductions Force Revisions Without Disclosing Defects

Entire Cash Turnover Can’t Be Taxed as Income: ITAT Rajkot

Project Completion Method Upheld, Revenue Appeal Dismissed

Non-Compete Fee Allowed as Revenue Expense Because It Does Not Create Capital Asset

Ex-Parte Assessment & NFAC Dismissal Set Aside; ITAT Pune Orders Fresh Adjudication

Section 148 Notice Invalid Without PCIT/PCDG Sanction After 3 Years

Section 69A Addition Deleted After NRI Husband’s Creditworthiness Established

Deduction Allowed as Interest from Co-operative Bank Qualifies Under Section 80P(2)(d)

Income Tax Rectification Order Quashed for Missing DIN & Limitation Breach
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.
