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Income Tax

Get all latest income tax news, act, article, notification, circulars, instructions, slab on Taxguru.in. Check out excel calculators budget 2017 ITR, black money, tax saving tips, deductions, tax audit on income tax.

Income TaxFinance Act 2025: What Middle-Class Income Tax Taxpayers Need to Know
Income Tax

Finance Act 2025: What Middle-Class Income Tax Taxpayers Need to Know

Jaskaran singh9 months ago
Income TaxBombay HC Condones 509-Day Delay Caused by Taxmann Bare Act Misprint
Income Tax

Bombay HC Condones 509-Day Delay Caused by Taxmann Bare Act Misprint

CA Sandeep Kanoi9 months ago
Income TaxSection 12AB & 80G Registration Rejection Reversed for Lack of Evidence of Community Bias
Income Tax

Section 12AB & 80G Registration Rejection Reversed for Lack of Evidence of Community Bias

CA Sandeep Kanoi9 months ago
Income TaxForm 26AS Mismatches Can’t Override Form 16; Full TDS Credit Allowed
Income Tax

Form 26AS Mismatches Can’t Override Form 16; Full TDS Credit Allowed

CA Sandeep Kanoi9 months ago
Income TaxBombay HC Quashes Reassessment as Section 148 Notice Issued to Non-Existent Entity
Income Tax

Bombay HC Quashes Reassessment as Section 148 Notice Issued to Non-Existent Entity

CA Sandeep Kanoi9 months ago
Income TaxNon-Speaking NFAC Order Set Aside: Raipur ITAT Remands Section 68 Addition & Ad-Hoc Expense Disallowance
Income Tax

Non-Speaking NFAC Order Set Aside: Raipur ITAT Remands Section 68 Addition & Ad-Hoc Expense Disallowance

CA Vijayakumar Shetty9 months ago
Income TaxDrastic Price Increase Cannot Trigger Section 50CA Without Evidence of Under-Reporting
Income Tax

Drastic Price Increase Cannot Trigger Section 50CA Without Evidence of Under-Reporting

CA Jatin Minocha9 months ago
Income TaxMortgage created based on copy of sale deed is invalid: DRAT Chennai
Income Tax

Mortgage created based on copy of sale deed is invalid: DRAT Chennai

POONAM GANDHI9 months ago
Income TaxSection 69A Addition Deleted as Cash Deposits Proven Through Books
Income Tax

Section 69A Addition Deleted as Cash Deposits Proven Through Books

CA Sandeep Kanoi9 months ago
Income TaxDealer Trip Expenses Accrued & Supported by Evidence; Disallowance Deleted by ITAT Nagpur
Income Tax

Dealer Trip Expenses Accrued & Supported by Evidence; Disallowance Deleted by ITAT Nagpur

CA Sandeep Kanoi9 months ago
Income TaxITAT Orders Fresh Verification on Cash Deposits and Property Purchase Additions
Income Tax

ITAT Orders Fresh Verification on Cash Deposits and Property Purchase Additions

CA Sandeep Kanoi9 months ago
Income TaxBribe Money Not Enforceable Debt, Acquittal in Section 138 Upheld by Madras HC
Income Tax

Bribe Money Not Enforceable Debt, Acquittal in Section 138 Upheld by Madras HC

CA Sandeep Kanoi9 months ago
Income TaxDemonetization period cash deposit addition not sustained as SOP in CBDT instruction No. 3/2017 not followed
Income Tax

Demonetization period cash deposit addition not sustained as SOP in CBDT instruction No. 3/2017 not followed

POONAM GANDHI9 months ago
Income TaxITAT Declines to Condon 2590-Day Appeal Delay After Failure to Show Valid Reasons
Income Tax

ITAT Declines to Condon 2590-Day Appeal Delay After Failure to Show Valid Reasons

CA Sandeep Kanoi9 months ago

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.