Income Tax
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Taxation of Cryptocurrencies and Virtual Digital Assets (VDAs) for AY 2026-27
Bombay HC Rejects Challenge to Tax Order Due to Availability of Alternate Remedy
Bombay HC Condones Delay in Filing Form 10 Due to CA’s Inadvertent Error
Borrowed Funds Interest Not Eligible for Deduction Without Commercial Expediency: Karnataka HC
Gujarat HC Rejects Revenue Appeal for Misclassifying Interest Income as Other Source
Section 12AB Registration Denial Set Aside Due to Lack of Proper Opportunity
Sports Trust’s Charitable Status Sent Back for Review Due to SC’s AUDA Interpretation
ITAT Allows leave encashment benefit u/s 10(10A) for service with Govt undertaking prior to restructuring
New vs Old Tax Regime: Which One Honestly Works Better for You?
Unexplained investment addition relying solely upon unverified excel sheet and loose sheet cannot be sustained
Reopening of assessment for wrong year is illegal and unsustainable
ITAT Mumbai Deletes ₹1.26 Cr Income Addition for Lack of Income Character
ITAT Delhi Strikes Down 271DA Penalty for Missing Satisfaction in Assessment Order
FEMA Penalties Reduced Despite Hawala & Undervaluation: Tribunal Partly Relieves Family
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.
