Income Tax
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Search & Seizure Procedures under New Income Tax Act, 2025
Applications to recall ex parte orders filed after an unexplained fourteen-year delay was dismissed
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Reassessment Quashed as AO Relied on Borrowed Satisfaction from Investigation Wing
Reassessment Quashed as Reasons Were Based on Incorrect Facts & Mechanical Recording
ITAT Remands Case as Validity of Section 148 Notice Depends on Issue Pending Before SC
ITAT Quashes Reassessment as Section 151 Approval Was Taken from Wrong Authority
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Section 148 Notice Quashed as Approval Was Obtained From Wrong Authority
Reassessment Quashed as Escaped Income Was Below ₹50 Lakh After Three-Year Limit
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.
