Income Tax
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SC Upholds Rajasthan High Court’s Differential KVSS Refund Treatment

Fungible Jewellery Stock Allows Telescoping of Excess Against Shortage: ITAT Chandigarh

VCF Trust Registration Covers Separate Schemes for Section 10(23FB): Bombay HC

APA-Settled Transfer Pricing Adjustment Cannot Trigger Section 270A Penalty: Bombay HC

Court-Approved Capital Reduction Cannot Be Taxed as Buyback Under Section 115QA: ITAT Delhi

CBDT Cannot Add 31 January Eligibility Condition to Settlement Applications: Rajasthan HC

Section 13 Violation Does Not Forfeit Entire Trust Exemption: Madras HC

Delhi HC Seeks Affidavit on Board for Advance Rulings Case Pendency Under Section 245N

Connectivity Charges Covered by TDS Section 194C, Not Section 194J: ITAT Chandigarh

Section 244A Refund Interest Taxed at 10% Under India-Netherlands DTAA: ITAT Delhi

Section 270AA Misreporting Immunity: Clarification Needed for Earlier Assessment Years

Tax Audit Report Deadline Extended to 21 October 2026: CBDT Relief Explained

ITAT Jaipur Deletes Section 271AAB Penalty on Estimated Profit from Stock Shortage

Inherited Property Tax Rules: Exemption on Inheritance, Rental Income & Capital Gains
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.
