Income Tax
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Assessment Quashed for Want of Jurisdiction; Notice u/s 143(2) Issued by Non-Jurisdictional AO
India–Singapore DTAA Benefit Denied; Capital Gains Taxed as Entity Held Shell/Conduit
Addition under Section 56(2)(vii)(b) Deleted; Stamp Duty Difference within 10% Tolerance
Reassessment Quashed for Wrong Factual Assumption; Notice u/s 148 Held Void ab initio
ITAT Delhi Quashes Reopening Beyond Six Years After Search
Section 69C Not Attracted Where Expenses Are Recorded and Paid from Disclosed Sources
Key Highlights of Proposed Changes under Income Tax Law in Budget 2026
TDS Demand for Inoperative PAN Quashed by ITAT Delhi
ITAT Delhi Quashed Reassessment which was Based Only on Audit Objection
Bogus Purchase Theory Rejected; Section 69C Section 68 Additions Deleted in Full
Webinar on Union Budget 2026: In-Depth Analysis of Key Income Tax Amendments
Proposed Changes in TDS and TCS Framework & Rates by Budget 2026
Interest Deduction against Dividend Income Withdrawn – What Taxpayers Need to Know
Budget 2026 Proposes Tax Exemption for Foreign Use of Indian Data Centres
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.
