Income Tax
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Pune ITAT: Section 11 Exemption Cannot Be Denied for Belated Form 10B Filing
Bangalore ITAT: Trust Taxable on Net, Not Gross Receipts, Even If Section 11 Fails
Fake Deductions & Refunds: Approach Before & After Income Tax Assessment
Business Expenses Allowed vs Disallowed While Filing ITR: Key Rules
Bangalore ITAT Admits Rule 29 Evidence, Restores Cash Deposit Issue to AO
Hyderabad ITAT: Reassessment on Same Material Is Change of Opinion
Bangalore ITAT: Demonetised Notes for Members’ Loan Recovery Not Taxable U/s 68
Form 48: Accountant’s Report for International & Specified Domestic Transactions
Foreign Tax Credit – Forms 44 & 45 (Former Form 67)
Jodhpur ITAT: Provisional U/s 12A/80G Cancellation Requires Specific Notice and Hearing
Jaipur ITAT: Reassessment Quashing Attains Finality After SC Dismisses Revenue’s SLP
Jodhpur ITAT: Section 10(23C)(iiiab) Exemption Denied as Grants Were Only 36.47%
Jodhpur ITAT: NSEL Bad Debt Write-Off Allowable Despite Future Recovery
E-Verification Scheme, Section 260 of Income Tax Act, 2025 & AIS
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.
