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Income Tax

Get all latest income tax news, act, article, notification, circulars, instructions, slab on Taxguru.in. Check out excel calculators budget 2017 ITR, black money, tax saving tips, deductions, tax audit on income tax.

Income TaxDemonetisation Cash Sales Upheld Again – Chawla Jewellers Gets a Clean Chit
Income Tax

Demonetisation Cash Sales Upheld Again – Chawla Jewellers Gets a Clean Chit

CA Vijayakumar Shetty6 months ago
Income TaxRecording of satisfaction note before initiation of proceedings u/s. 153C is invalid satisfaction
Income Tax

Recording of satisfaction note before initiation of proceedings u/s. 153C is invalid satisfaction

POONAM GANDHI6 months ago
Income TaxOmnibus Section 153D Approval = Fatal Jurisdictional Defect – Entire Group Assessments Quashed
Income Tax

Omnibus Section 153D Approval = Fatal Jurisdictional Defect – Entire Group Assessments Quashed

CA Vijayakumar Shetty6 months ago
Income TaxCan a Subsidiary Company create a PE of Foreign Holding Company in India?
Income Tax

Can a Subsidiary Company create a PE of Foreign Holding Company in India?

CA Vidhu Duggal6 months ago
Income TaxLow NP Isn’t “Reason to Believe” – Reopening Quashed & Estimation Dies with It
Income Tax

Low NP Isn’t “Reason to Believe” – Reopening Quashed & Estimation Dies with It

CA Vijayakumar Shetty6 months ago
Income TaxSection 154 Can’t Be Used to Rework 36(1)(viia)(c) vs 36(1)(viii) – Revenue’s Rectification Knocked Out
Income Tax

Section 154 Can’t Be Used to Rework 36(1)(viia)(c) vs 36(1)(viii) – Revenue’s Rectification Knocked Out

CA Vijayakumar Shetty6 months ago
Income TaxBudget 2026 Breaks Tradition With First-Ever Sunday Presentation
Income Tax

Budget 2026 Breaks Tradition With First-Ever Sunday Presentation

CA AJIT SHAH6 months ago
Income TaxReopening Beyond limitation – Mechanical Approval Fatal – Entire Batch Collapses
Income Tax

Reopening Beyond limitation – Mechanical Approval Fatal – Entire Batch Collapses

CA Vijayakumar Shetty6 months ago
Income TaxPolitical Donation Deduction Allowed Due to Lack of Assessee-Specific Evidence
Income Tax

Political Donation Deduction Allowed Due to Lack of Assessee-Specific Evidence

CA Sandeep Kanoi6 months ago
Income TaxWrong AO’s U/s 143(2) = Non-Est Assessment – U/s 263 & Consequential Order Also Collapse
Income Tax

Wrong AO’s U/s 143(2) = Non-Est Assessment – U/s 263 & Consequential Order Also Collapse

CA Vijayakumar Shetty6 months ago
Income TaxRajeev Bansal Strikes Again – Time-Barred Reopening & Entire Capital-Gain Addition Quashed
Income Tax

Rajeev Bansal Strikes Again – Time-Barred Reopening & Entire Capital-Gain Addition Quashed

CA Vijayakumar Shetty6 months ago
Income TaxMechanical Approval U/s 153D Vitiates Entire U/s 153C Assessment – All Years Quashed
Income Tax

Mechanical Approval U/s 153D Vitiates Entire U/s 153C Assessment – All Years Quashed

CA Vijayakumar Shetty6 months ago
Income TaxReopening Quashed for Non-Application of Mind & Wrong Sanction
Income Tax

Reopening Quashed for Non-Application of Mind & Wrong Sanction

CA Vijayakumar Shetty6 months ago
Income TaxMadras HC Allows Loss & Depreciation Set-Off After Transport Corporation Amalgamation
Income Tax

Madras HC Allows Loss & Depreciation Set-Off After Transport Corporation Amalgamation

RATHI6 months ago

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.