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Income Tax

Get all latest income tax news, act, article, notification, circulars, instructions, slab on Taxguru.in. Check out excel calculators budget 2017 ITR, black money, tax saving tips, deductions, tax audit on income tax.

Income TaxInterest on VAT is Compensatory, Not Penal – ITAT Allows Deduction
Income Tax

Interest on VAT is Compensatory, Not Penal – ITAT Allows Deduction

CA Vijayakumar Shetty4 months ago
Income TaxExcess Stock in Survey = Business Income, Not 115BBE Hit – ITAT Pune Draws Clear Line
Income Tax

Excess Stock in Survey = Business Income, Not 115BBE Hit – ITAT Pune Draws Clear Line

CA Vijayakumar Shetty4 months ago
Income TaxNo Specific Charge = No Penalty – ITAT Deletes 270A Penalty for Vague Notice Bonafide Claim
Income Tax

No Specific Charge = No Penalty – ITAT Deletes 270A Penalty for Vague Notice Bonafide Claim

CA Vijayakumar Shetty4 months ago
Income TaxUpdated Return Can’t Kill Genuine Exemption – ITAT Allows Section 11 Relief Despite Delay
Income Tax

Updated Return Can’t Kill Genuine Exemption – ITAT Allows Section 11 Relief Despite Delay

CA Vijayakumar Shetty4 months ago
Income TaxTDS Challan: Nature of Payment Code and others under Income Tax Act 2025
Income Tax

TDS Challan: Nature of Payment Code and others under Income Tax Act 2025

KOPAL AGARWAL4 months ago
Income TaxComparison Between 1961 and 2025 Income Tax Acts with Bollywood Songs
Income Tax

Comparison Between 1961 and 2025 Income Tax Acts with Bollywood Songs

MOHIT SINGH4 months ago
Income TaxSection 54 Exemption not eligible on Sale of Open Land Without Building: ITAT Allahabad
Income Tax

Section 54 Exemption not eligible on Sale of Open Land Without Building: ITAT Allahabad

MOHIT SINGH4 months ago
Income TaxTax Treatment Under Section 10(23C)(iiiad) and Section 332 (RNPO)
Income Tax

Tax Treatment Under Section 10(23C)(iiiad) and Section 332 (RNPO)

MOHIT SINGH4 months ago
Income TaxAnalysis of Tax Audit Applicability for Specified and Non-Specified profession
Income Tax

Analysis of Tax Audit Applicability for Specified and Non-Specified profession

CA Ashish Singla4 months ago
Income TaxComprehensive Analysis of Form 121: New Unified Self-Declaration for TDS Exemption under Income-tax Act, 2025
Income Tax

Comprehensive Analysis of Form 121: New Unified Self-Declaration for TDS Exemption under Income-tax Act, 2025

HIMANGSHU DUBEY4 months ago
Income TaxITAT Hyderabad Quashes Reassessment Due to Time-Barred Section 148 Notice
Income Tax

ITAT Hyderabad Quashes Reassessment Due to Time-Barred Section 148 Notice

CA Ajay Kumar Agrawal4 months ago
Income TaxITAT Upholds Book Rejection Due to Defective Vouchers but Reduces Profit Estimation to 5%
Income Tax

ITAT Upholds Book Rejection Due to Defective Vouchers but Reduces Profit Estimation to 5%

CA Ajay Kumar Agrawal4 months ago
Income TaxNo Addition Based on Confession Alone: HC Rejects Uncorroborated Search Statement
Income Tax

No Addition Based on Confession Alone: HC Rejects Uncorroborated Search Statement

CA Ajay Kumar Agrawal4 months ago
Income TaxSelf-Generated Trademark Before 2002 Not Taxable as Capital Gain Reason Cost of Acquisition Cannot Be Computed
Income Tax

Self-Generated Trademark Before 2002 Not Taxable as Capital Gain Reason Cost of Acquisition Cannot Be Computed

CA Sandeep Kanoi4 months ago

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.