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.

Registration u/s. 12A r.w.s. 12AB cannot be denied for procedural lapse

ITAT Invalidates Consolidated Section 153D Approval for 28 Assessees

Land qualifies as agricultural land or not needs more verification: Matter remanded

Tribunal Declares Revenue’s Appeal Infructuous as Section 263 Order Fails

Joint Allottee, Old Payments, New Valuation: ITAT Remands s.56(2)(vii)(b) Addition for Fresh Examination

Penalty u/s 271(1)(c) Premature When Quantum Appeal Pending: ITAT Remands Matter to AO

Consistent Past Relief Continues: Mumbai ITAT Again Upholds ESOP Expense as Revenue u/s 37(1)

Capital Gains Deleted as No Transfer Occurred Without Possession and Full Payment

Section 148 Notice Quashed for Breach of Faceless Reassessment Rules

FAQs on TDS provisions under Income Tax Act 2025

Understanding Demand Management Facilitation Centre (DFC) of Income Tax Department

Reassessment Notice Issued on or after 1 April 2021 Must Follow Amended Section 148A

Tax on Buyback of Shares (from 01-10-2024)

Addition Deleted Because Startup Submitted Evidence After AO’s Procedural Lapses
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.
