Income Tax
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Sec 13(1)(c) Not Attracted for Higher Profit to Related Concerns: Karnataka HC
![Application for Registration (Non-Profit Organisation) [Section 332]](https://taxguru.in/wp-content/uploads/2026/07/Income-Tax-1.jpg)
Application for Registration (Non-Profit Organisation) [Section 332]
Karnataka HC Quashes TDS Refund on Land Acquisition Over Suppression; ₹5L Cost
Inflated Stock Statement to Bank Justifies Income Addition as Practice Held Commercial Immorality: J&K HC
Section 89(1) Relief Cannot Be Denied for Non-Filing of Form 10E Before ITR Due Date: ITAT Gauhati
Assessment Order Passed in Name of Deceased Assessee Held Void: Karnataka HC
₹58.73 Cr Addition Set Aside as Search Yielded No Evidence Supporting Alleged Sham Transactions
ITAT Raipur Upholds Section 263 Revision Due to AO’s Failure to Examine Diesel Shortage Claim
ITAT Restores Matter as Assessee Did Not Notice Faceless Appeal Notices through ITBA portal
SC Dismisses Revenue Appeal as AO Failed to Record Dissatisfaction Before Applying Rule 8D
CBDT Issues Corrigendum to Correct Name of Income-tax Amendment Rules, 2026
No TDS on Foreign Travel LTC Leads to Section 271C Penalty: ITAT Chandigarh
ITAT Delhi Allowed Sales Incentive Provision as Deduction Since Based on Scientific Method
ITAT Quashes Reassessment as Notice Issued to Non-Existent Company After Amalgamation
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.
