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.

Bombay HC Voids Income Tax Case Transfer Post-Assessment Completion

Gujarat HC Upholds 25% Disallowance for Bogus Purchases

Reassessment Quashed: Approval for Notice Beyond 3 Years Must Be PCCIT, Not PCIT

Activities of Statutory Urban Development Body Not Commercial: ITAT allows Section 11 Exemption

ITAT Delhi Quashes Additions Beyond Six-Year Limit Under Section 153C

Search Assessment Barred: Limitation Period Starts When AO Gets Seized Papers

ITAT Delhi: Section 50C Inapplicable to Buyer in Slump Sale – Goodwill Depreciation Allowed, Non-Compete Fee Disallowed

ITAT Delhi Rejects Segmentation of Trading and Service Activities in Transfer Pricing Case

ITAT Delhi Deletes Penalty for Non-Compliance Where Notice Not Served on NRI

ITAT Delhi Dismisses Tax Appeals as IBC Proceedings Override Income Tax Act

ITAT Delhi Quashes 43 Search Assessments for Mechanical 153D Approvals

Charitable Trusts Not Claiming Section 11 Exemption Taxable at Normal Slab Rates

CBDT extends due date of ITR & Tax Audit Report for Assessment Year 2025-26

CBDT Guidelines for Assessment of Tax on Agriculture Income
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.
