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.
Paper Companies, Premium Shares & No Verification – ITAT Sends ₹5 Cr Back for Fresh Scrutiny
No Incriminating Material, No 153A Additions: ITAT Quashes ₹2.71 Cr
Income Tax benefits available to Small Businessmen
ICDS Adjustment Beyond CPC Powers BUT PF/ESI Disallowance Valid in 143(1): Delhi ITAT
When Own Funds Are Huge, Interest Disallowance Fails: ITAT Deletes ₹5.62 Cr Interest
Appeal must be filed before ITAT Bench having jurisdiction over AO
TPO’s 20% Fantasy Margin Rejected – ITAT Removes Wrong Comparables Orders Fresh TP Computation
No Exempt Gain, Only Genuine Loss – ITAT Rejects Penny Stock Allegation Allows ₹26.13L Business Loss
High Margin Giants Out, Wrong Margins Fixed – ITAT Slashes ₹83 Cr TP Hit on Schneider Electric
No Incriminating Material, No 153C: ITAT Quashes ₹32 Cr Share Capital Addition
CCDs Remain Debt Until Conversion – ITAT Quashes NIL ALP, Orders Fresh Benchmarking of Interest
Proof vs. Suspicion: ITAT Overturns 25% Estimated Bogus Purchase Disallowance
ITAT Quashes ₹16.48 Cr TP Adjustment on Negative Lien vs. Guarantee
TDS Rate Chart for Assessment year 2026-27 / Financial Year 2025-26
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.
