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.
Reopening on Borrowed Belief from ACB Quashed – Tribunal holds 147 invalid & 263 unsustainable
Late Tax Payment Not Wilful Evasion: Madras HC Quashes Section 276C(2) Prosecution
Precision in Penalty: Why Misreporting Must Be Pinpointed Under Section 270A
Reassessment Quashed: Karnataka HC Rules AO Exceeded Jurisdiction Under Section 151A
Section 263 Order Quashed: Adverse Material Not Shared on Alleged Bogus Purchases
Reassessment Quashed: AO Lacked Jurisdiction Under Faceless Regime Section 151A
Re-assessment Quashed as Notice Issued by PCIT instead of Principal Chief Commissioner
Unexplained Income Reduced from ₹10 Cr to ₹2.22 Cr, Commission to 1% in entry transaction case
ITAT Condones 146-Day Appeal Delay Due to Assessee’s Absence from India
Assessment Order in Deceased Assessee’s Name Not Sufficient to Quash Proceedings
Hawala Purchase Additions restricted to 15%, Typo Not Justify Full disallowance
CBDT issues Income Tax Search & Seizure Manual 2025
CBDT releases Advance Pricing Agreement Programme Annual Report 2024–25
ITAT Delhi Deletes 25% “Bogus Sales” Disallowance; Section 37 Not Applicable to Sales
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.
