Income Tax
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Capital Loss Allowed on Surrender of Flat Allotment Rights: ITAT Mumbai
Section 68 Addition Deleted & TP Comparables Included as Evidence Supported Claims: ITAT Mumbai
Section 148 Reassessment Quashed for Non-Disposal of Objections: ITAT Delhi
Section 80GGC Deduction Denied for Bogus Political Donation: ITAT Ahmedabad
ITAT Kolkata Deletes Section 68 Addition on Accepted Investment Transactions
Q1 Tax Year 2026-27: TDS & TCS Return Filing Forms and Due Dates
CBDT Integrates AEOI Foreign Financial Information into AIS for Taxpayer Access
Reason to Believe: Revisiting Rajesh Jhaveri Stock Brokers Case
Cost Inflation Index for FY 2026-27 Notified as 384: CBDT Notification 85/2026
Social Protection Fund Notified as Eligible Tax-Exempt Investor Till 2030: CBDT
Section 143(2) Assessment Quashed as Jurisdictional AO Failed to Issue Notice: ITAT Kolkata
Net Direct Tax Collections Rise 16.40% as on 13 July 2026
Technical Glitch in Form 26A Filing Cannot Trigger Section 40(a)(ia) Disallowance: ITAT Bangalore
Form 26AS Alone Cannot Decide Taxability of FD Interest: ITAT Bangalore
Latest Income Tax News
Income tax is the part of your income which you are required to pay to the Indian government for funding various infrastructural developments, pay salaries to those who are employed by the central or the state governments, etc. All the taxes which are imposed are based on law, and the law which governs provisions about taxes on income is the Income Tax Act, 1961.
Income tax needs to be paid by each and every individual, Hindu Undivided Family, Association of Persons, Body of Individuals, companies, corporate firms, local authorities and every artificial juridical person generating any income based on the income tax slab rates.
Income tax might seem to be a tedious tax for most us, and it has a lot to do with the fact it involves a lot of nitty-gritty and details while calculating and in paying income tax. However, if you need a clear picture about income tax which is simple and easy to understand then you are at the right place.
Get all the latest news on income tax with Taxguru. We will offer you all the insight and details about all the updates and trending news on income tax. Get a comprehensive coverage of income tax-related news and regular updates on income tax circulars.
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Find all the latest developments and amendments to the Income Tax Act. Get to know all the tips and tricks on how to save income tax and develop your own income tax planning work plan. We keep updating our portal regularly so that you don’t miss out on anything.
