Income Tax
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No Penalty on Routine Disallowances in 153C Cases Without Incriminating Material: Mumbai ITAT

CPC Cannot Deny Section 43B Relief for GST Paid Before ITR Due Date Despite Form 3CD Disclosure

Bonus Shares Need Not Inherit ‘Stock-in-Trade’ Character- Bangalore ITAT Treats Infosys Bonus Shares as Exempt LTCG

Medical Conferences Also Qualify as Education, Restores 80G Approval of Cardiology Association: ITAT Chennai

Appeal Before ITAT Not-Maintainable for Failure to Comply With Section 140 Verification Rules

Gujarat HC Quashes Section 148 Reopening Due to Change of Opinion on Section 50C Valuation

Penny Stock Addition Cannot Be Sustained Without Proper Examination of Evidence: ITAT Delhi

WhatsApp Group Led to Tax Relief: Chennai ITAT Condoned 1592-Day Delay in BSNL VRS Case

All About Exempted Income and Deductions under New Income Tax Act, 2025

No Irrevocability Clause Cannot Bar 12AB & 80G Registration; Appeals Infructuous After CIT(E) Approval
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.
