Income Tax
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Deemed Section 50C consideration cannot limit Section 54F exemption: ITAT Raipur
ITAT Mumbai Held Electronic Advance Tax Payment Timely Despite Next-Day Challan Generation
SC Refuses to Entertain Time-Barred Tax Reopening Dispute Due to Filing Delay
Gujarat HC Allowed Section 11 Exemption Despite Late filing of Form 10B
Section 11 Exemption allowed as Form 10B was available with AO before assessment
80JJAA Deduction allowed as Form 10DA Was Available with tax authorities Before CPC Processing
Karnataka HC Dismissed Revenue Appeal Due to Inapplicability of Section 14A to MAT Book Profits
USA Taxation 2026: Filing of Tax Returns with Foreign Earned Income
AO cannot adopt different Valuation Method for Capital Gains & Business Income: ITAT Delhi
Sec. 11 exemption was allowed on Industrial Development Corporation’s infrastructure activities
Draft Form 26 Under Income-tax Rules 2026: Complete Analysis, 3CD Comparison, Audit Checklist & Impact on Businesses
CJM Lacks Statutory Authority To Transfer Criminal Case From One Court To Another: Lucknow Bench of Allahabad HC
Deduction Denied for Unproven Political Donations Due to Suspected Accommodation Entries
CBDT seeks inputs on proposed Income-tax Rules and Forms
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.
