Income Tax
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8% Income Estimation on Unproved Commission Business Upheld: ITAT Nagpur
ITAT Applies Peak Credit Theory to ₹1.56 Crore Cash Deposits
Changed Explanation Alone Cannot Justify Unexplained Investment Addition: ITAT Nagpur
Seller’s Secret Excel Sheet Cannot Become Buyer’s Unexplained Investment: ITAT Agra
ITAT Deletes ₹3.50 Crore Addition Based on Unverified Third-Party Telegram Chat
Tax Practitioners’ Association Seeks Tax Audit Due Date Extension to 31 October 2026
ITAT Nagpur Quashes Section 271D Penalty Without AO Satisfaction
ITAT Restricts Hospital Receipt Addition to 5%, Deletes Diary-Based Unexplained Income Additions
ITAT Mumbai Allows MEIS Capital Receipt Claim & Deletes Search-Based Additions
Deletion of One Addition Will Not Wipe Out Penalty Levied on Another Surviving Income: ITAT Bangalore
CIT(A) Enhancement Requires Examination of Defence Evidence: ITAT Bangalore
ITAT Bangalore Remands 50% Construction Relief for Fresh Reasoned CIT(A) Order
Section 271(1)(c) Penalty Remanded for Fresh Consultant Fraud Verification: ITAT Bangalore
One Residential House May Comprise Multiple Units; ITAT Bangalore Allows Section 54 Exemption
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.
