Income Tax
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Bombay HC Upholds ITAT Order Quashing Reassessment for Lack of Independent Reasons to Believe

Mumbai ITAT: Sole Executor Entitled to Individual Slab Rates, Not Maximum Marginal Rate

ITAT Ahmedabad Allows Depreciation on Slump Sale Intangibles, Deletes Interest Disallowance

CBDT Notifies Odisha Joint Entrance Examination Committee Under Section 11 of Income-tax Act, 2025

CBDT Notifies Odisha Joint Entrance Examination Committee Under Section 10(46) for AY 2026–27

CBDT Notifies Noida SEZ Authority Under Section 11 of Income-tax Act, 2025

CBDT Notifies Noida SEZ Authority Under Section 10(46) for AYs 2024–25 to 2026–27

CBDT Notifies Noida SEZ Authority Under Section 10(46) for AYs 2019–20 to 2023–24

Bangalore ITAT: Belated Original Return Bars Section 80P Deduction on Section 148 Return

Gujarat HC Quashes Time-Barred Section 148 Reassessment for AY 2015-16

Bangalore ITAT Condones 78-Month Delay to Prevent Double Taxation; Restores Matter to AO

Gujarat HC Quashes Reassessment Notice Issued Beyond TOLA Surviving Time Under Section 148

Delhi HC Questions 13-Year Delay by Income-tax Department in Returning Seized Cash & Jewellery

ITAT Raipur Quashes Section 143(3) Assessment for Absence of Section 143(2) Notice
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.

