Income Tax
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Sections 147 & 148 of Income-Tax Act: Reassessment From ‘Reason to Believe’ to ‘Information’
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ITAT Remands 80G Approval Case Because 5% Religious Expense Limit Not Examined
ITAT Deletes Section 68 Addition Because Assessee Not Required to Prove Source of Source
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ITAT Restores Appeals After Delay Condoned Due to Lack of Knowledge of Online Orders
New Income Tax Act, 2025: A Turning Point in India’s Direct Tax System
SC Dismisses Revenue SLP Because No Substantial Question of Law Arose on Interest Accrual
Bombay HC Rejects Revenue Appeal Because Interest on Securities Accrues Only on Due Date
Foreign Leg in LTC Travel Makes Employer Liable for TDS: SC
Section 148 Notice Quashed for Mechanical Approval Without Recorded Satisfaction: Delhi HC
Reassessment Order Set Aside for Lack of Fair Opportunity Despite Email Service to Consultant
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.
