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.
ITAT Allahabad Deletes 7% Profit Addition After Rejection of Books
Bombay HC Restricts Bogus Purchase Addition to 12.5% of Purchases
Section 271D Penalty Quashed Where AO Recorded No Section 269SS Satisfaction
Gujarat HC Upholds 25% Addition on Unverifiable Creditors in Bogus Purchase Case
FAST-DS 2026: A Practical Guide for Taxpayers Holding Undisclosed Foreign Assets
Penalties U/s 270A and 271B Deleted for Bona Fide Delay by ITAT Pune
PF/ESI disallowance remanded; NBFC interest disallowance deleted by ITAT Pune
Time-Barred Reassessment Quashed and Cash Deposits Restricted to 2% by ITAT Pune
Income Tax Refund on Excess Recovery: Refund, Interest, Adjustment & Recovery Rules
Bogus Chapter VI-A Deductions Sustain Section 271(1)(c) Penalty: ITAT Pune
CIT(E) Cannot Make U/s 12AB and 80G Benefits Conditional on Future SC Outcome
ITAT Mumbai Remits Section 68 Addition for Verification of Loan Closing Balance
Section 151(ii) Approval by Wrong Authority Quashes Reassessment: Mumbai ITAT
ITAT Ahmedabad Deletes Section 145 Rejection and On-Money Addition in Realty Case
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.
