Income Tax
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New Tax Regime vs Old: What Budget Means for Middle Class – A Legal & Economic Analysis

Inoperative PAN – A Silent Tax Trap for Non-Residents

No Lender Certificate Required for Interest Deduction on Let-Out Property: Bombay HC

“ITR Looks Simple… Until Scrutiny Begins” – A Note for Private Company Directors

Failure to Select VC Option Doesn’t Deny Oral Hearing if Requested in Writing

Excise Duty Refund Held Capital Receipt as Linked to Investment Scheme: Delhi HC

P&H HC Sustained Addition as Assessee Failed to Disprove Bank Stock Statements

Revenue Cannot Ignore Tribunal Findings While Issuing Section 197 Certificate: Delhi HC

ITAT Mumbai Quashes Reassessment for Wrong Sanction by Incorrect Authority Under Section 151

ITAT Upholds Section 263 Revision Due to Lack of Inquiry Into Section 80GGC Political Donation

Revision Petitions Deemed Revived on Default Under Vivad Se Vishwas: J&K HC

Income Tax Dept Must Share Police Verification Report Used in Employee Dismissal: Calcutta HC

Karnataka HC Set Aside Rejection of Section 10(46) Exemption for Violating Natural Justice

Delhi HC Dismisses Revenue Appeals as Issue on Tax Treaty Covered by Earlier Rulings
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.

