Jodhpur ITAT upheld deletion of a Section 69C addition, holding GST investigation alone could not sustain bogus...
Income Tax
Income tax in India is a direct tax imposed on individuals, businesses, and other entities based on their income. Understanding income tax is essential for proper financial planning and compliance with government regulations. This section provides comprehensive resources covering income tax slabs, ITR filing, deductions, exemptions, and the latest updates for FY 2025–26.
Whether you are a salaried employee, freelancer, or business owner, you can explore detailed guides below to learn how to calculate your tax, file returns, and maximize eligible deductions. Stay informed with the latest income tax rules, deadlines, and expert insights to manage your taxes efficiently.
Bangalore ITAT restored a Section 69A addition for verification of the claim that bank deposits belonged to...
ITAT Ahmedabad deleted the Section 68 addition on Shree Shaleen Textiles shares, allowing Section 10(38) exemption after...
Supreme Court dismissed the delayed SLP on both delay and merits, leaving undisturbed the Bombay High Court...
Chhattisgarh HC condoned a 309-day delay in filing an ITAT appeal, adopted a liberal approach, and remanded...
ITAT upheld taxation of notional rent on unsold stock-in-trade but directed the AO to recompute ALV using...
HC quashed reassessment proceedings after holding that a Section 148A(b) notice granting only six days to respond...
Allahabad HC quashed reassessment against a deceased assessee, holding Sections 159, 292B, 292BB and Section 150 could...
Delhi HC dismissed Revenue’s appeals, holding FCCB redemption expenditure issue was settled and no substantial question of...
CBDT Notification No. 97/2026 notifies Form ITR-BN for block assessments, prescribing filing timelines, disclosures and tax computation...