Income Tax
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Section 148 Cannot Bypass Section 153C Search Assessment Framework: SC

Section 153C Prevails Over Section 148 in Third-Party Search Cases: Rajasthan HC

SC Upholds Right to Switch Income Tax Exemption Regime for Statutory Bodies

Telangana HC Allows Statutory Authorities to Switch One Income Tax Exemption for Another

Gujarat HC Ordered Reward Claim Reconsideration Due to Absence of Final Committee Decision

ITAT Mumbai Set Aside Addition Due to Non-Adjudication of Grounds by CIT(A)

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
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.
