Income Tax
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Identity Proved, Genuineness Unclear: ITAT Remands ₹50 Lakh Loan Case to AO
Gift from Brother-in-Law Not Taxable despite absence of deed: ITAT Kolkata
Section 271(1)(c) Penalty Deleted, No Substantial Question of Law: Bombay HC
Direct Tax Collections Rise 7% to ₹12.92 Lakh Crore in FY 2025-26
Mere TDS Deduction Year Doesn’t Decide Year of Income Taxability: ITAT Delhi
ALV Must Be Limited to Actually Let-Out Portion ITAT Delhi
ITAT Delhi Deletes ₹68 Cr TP Adjustments: Projections Cannot Be Replaced with Actuals
Penalty Not Justified for Delayed TDS Deposit When Reasonable Cause Proven: ITAT Delhi
ITAT Upholds 5% Income Estimation on Accommodation Entry Transactions
Urban Development Authority Not Government: TDS on EDC Upheld by ITAT
Is Dubai Still a Tax-Free Haven? What You Need to Know in 2025
Unsecured loan addition deleted since identity, creditworthiness and genuineness proved
PCIT can Review Bogus LTCG Assessment pending before CIT(A) ITAT Delhi
Bogus Purchases Allegation Unexamined- ITAT Orders De Novo Adjudication
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.
