Income Tax
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SBN Loan Repayments Not Unexplained Cash Credits Under Section 68: ITAT Mumbai Deletes Addition
GSTAT Sets Aside GST Demand Against Deceased Proprietor, Allows ITC Under Section 16(5)
ITAT Bangalore Deletes Section 40(a)(i) Disallowance After Payee Filed Return With Loss
247-Day Delay Not Inordinate Where Sufficient Cause Shown: ITAT Bangalore
ITAT Surat Restores Agricultural Land Capital Gains Dispute for Fresh Examination
Madras HC Sets Aside Assessment Order for Denying Requested Video Conference Hearing
ITAT Mumbai Rejects ₹51.99 Lakh WhatsApp Addition Due to Inconsistent Decoding
ITAT Indore Deletes ₹10.45 Lakh GP Addition, Sustains ₹10,780 TDS Disallowance
SC Keeps Discount Provision Question Open While Dismissing LTI Mindtree SLP
Foreign Assets Income Tax Notice: Schedule FA, Sections 131, 148 & Black Money Act
CBDT Introduces ITR-B for Block Assessment Under Income-tax Rules 2026
CIT(A)’s BSNL VRS Rectification Fails: Ahmedabad ITAT Allows Section 10(10B) Exemption
Delhi ITAT Dismisses Revenue Appeal Over ₹3.89 Crore Cash Sales Addition
ITAT Chandigarh Deletes Section 68 Addition on Demonetization Cash Sales
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.
At Taxguru, we give a cohesive understanding off all income tax related circulars. We keep updating all the circulars as and when issued by the income tax department. You could view online or you can download all the latest news on Income Tax and circulars free of cost.
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.
