Income Tax
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Section 50C Valuation Recomputed on DVO Value for Same Property: ITAT Bangalore
ITAT Bangalore Condoned 537-Day Delay and Allowed Section 80P Bank Interest Deduction
ITAT Chandigarh Quashes Section 263 Revision Over Trademark Depreciation Claim
ITAT Mumbai Restores Appeal on ₹17.38 Crore Redevelopment Addition for Delay Review
Extend Tax Audit and Forms 10B/10BB Deadline to 31 October 2026
Accommodation Entry Knowledge Alone Does Not Prove Commission Income: ITAT Hyderabad
Search Information Cannot Convert Old Loan Into Fresh Accommodation Entry: ITAT Surat
Software Logic Cannot Write a Tax Disqualification – Section 87A Rebate Allowed Against Tax on STCG u/s 111A
Loan Repaid Before Reopening Cannot Be Treated as Fictitious u/s 68: ITAT Raipur
A Debatable Issue Cannot Be Settled by CPC’s Algorithm — Section 87A Rebate on STCG Restored
ITAT Jaipur Deletes ₹7.77 Lakh Section 69 Addition After AO Verification
ITAT Allows ₹20 Lakh Credit for Business Cash Deposits Against Section 69A Addition
ITAT Jaipur Remands ₹32.53 Lakh Salary Expense Claim for Reasonable Allowance
ITAT Jaipur Deletes ₹4.53 Lakh Addition Where Income Was Declared Under Section 44AD
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.
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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.
