Income Tax
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Excess Stock cannot be treated as Treated as unexplained investment without Evidence of Unexplained Sources
Section 68 Not Applicable to Genuine Sales Transactions Supported by Documentation
Co-Ownership with PArents Not Enough for Unexplained Investment Addition: ITAT Mumbai
Section 80IA Deduction Allowed Due to Developer Role in Rail Signalling Projects: ITAT Nagpur
TCS Not Applicable on Illegal Mining Fines Due to Absence of Transfer of Rights: SC
Mauritius Route Hit: SC Rejects Tiger Global’s Treaty Claim in ₹14,439 Cr Flipkart Deal
Reassessment Quashed as Time-Barred Due to Post-2021 Notice for AY 2015–16
Taxation of Property Transactions: Key Section 54/4F Judicial Pronouncements – Part 2
Transfer Pricing in India under the New Income Tax Act, 2025
Gujarat HC raps CBDT for delay in ITR forms & utility release from last 11 years
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.
