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 263 Action Invalid Due to Adequate Inquiry by Assessing Officer
Partial Doubt on Trading Losses Does Not Justify Rejection of Books: ITAT Delhi
Delay Condoned Due to Late Statutory Audit: HC Sets Aside Assessment Order
Addition of Penny Stock Gains Reversed Due to Lack of Direct Evidence
Combined Section 153D Approval covering Multiple Years Invalid: ITAT Delhi
₹101 Crore Penalty Put on Hold for Being Passed During Pending Assessment Appeal
ITAT Hyderabad Directs AO to Reassess Charitable Expenses with Evidence
Farmhouse Qualifies as Residential House: Delhi ITAT Upholds Section 54F Relief
AO’s Suspicion Not Evidence: Section 68 not Apply to Opening Balances
Bogus Purchases: Only 6% Profit Element Taxable: Delhi ITAT
Satisfaction Note of 24.05.2021 Shifts Search-Year: ITAT Holds AY 2011-12 Outside Six-Year Block
Lack of Board Affiliation Not a Barrier: ITAT Remands Section 12A Application
Reassessment Found Erroneous for Not Applying Checkmate Law—Revision Justified
How Income Tax Act 2025 Codifies Six Decades of Judicial Wisdom?
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.
