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.

Entire Fruit Business Cash Receipts Not Income; 20% Profit Taxable: ITAT Pune

Entire Diary Business Receipts Not Income; 8% Profit Estimate Sustained: ITAT Pune

FAST-DS 2026 Form 1 Filing Guide: Foreign Asset Disclosure, ₹1 Crore/₹5 Crore Limits & Payment

Chandigarh ITAT Deletes ₹1.68 Crore Section 69A Demonetisation Additions

Entire Bank Deposits Not Income; 8% Business Profit Estimate Sustained: ITAT Pune

No Addition on Reopening Ground Makes Different Addition Invalid: ITAT Pune

Form 145 on Income Tax Portal: When “Please Fix the Following Issues” Shows No Issues

ITAT Delhi Deletes Section 271(1)(c) Penalty on Transfer Pricing Adjustment

Reassessment Beyond 3 Years Invalid for PCIT Approval Instead of PCCIT: ITAT Pune

No TDS u/s 194A on Interest Paid to NHAI: ITAT Delhi

ITAT Chennai Quashes AY 2014-15 and 2015-16 Reassessments as Time-Barred

₹200 Crore Upper Turnover Filter for TP Comparables Upheld: Karnataka HC

LIBOR Plus 200 BPS for Foreign Currency Delayed Receivables Upheld: Karnataka HC

ITAT Pune Grants Section 69 Relief as Spouse’s Bank Records Prove Source
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.
