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.
Recorded & Verifiable LTCG Share Transactions Cannot Be Treated as Undisclosed Income
Section 271AAB Penalty Not Leviable on Fully Recorded, Documented LTCG
Delay of 1355 Days Not Condoned—Affidavit Found Defective & No Sufficient Cause Shown; Appeal Dismissed
Delay Condoned as Notices Sent to Wrong Email; Assessment & Penalty Matters Remanded
CIT(A) Wrongly Refused Additional Evidence on Technical Ground: Matter Remanded for Fresh Decision
Cash Deposits During Demonetisation Accepted as Genuine Cash Sales; Double Addition Deleted
Recent Amendments in Income Tax (Finance Act 2025): A Story of Change, Clarity & Compliance
Reopening Quashed as JAO Lacked Authority to issue Section 148 Notice Post 29.03.2022
Section 194C: TDS on Payments to Contractors & Sub-contractors
Reassessment Quashed u/s 151 for Wrong Authority Beyond 3 Years
Bombay HC Quashes ITAT Order for Non-Consideration of Key Contract Clauses in 80-IA Dispute
Outdated ₹3 Lakh Leave Encashment Cap Cannot Deny Relief When Later Notifications Enhance Limit
P&H HC Sets Aside Income Tax Attachment as Legal Heir’s Liability Limited Only to Inherited Assets
Gujarat HC Sets Aside Order for Ignoring CBDT Rule on ‘Obtaining’ Form 10B Before Return Filing
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.
