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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 TaxNo Tax Up to ₹12 Lakhs? How Section 87A Makes It Possible (FY 2025-26)
Income Tax

No Tax Up to ₹12 Lakhs? How Section 87A Makes It Possible (FY 2025-26)

CA Jyothi Chaitanya Mummidisetty10 months ago
Income TaxOpening Cash Balance Accepted After AO Verification, Section 69A Addition Quashed
Income Tax

Opening Cash Balance Accepted After AO Verification, Section 69A Addition Quashed

CA Vijayakumar Shetty10 months ago
Income TaxReassessment Quashed Due to Non-Compliance with Tribunal Directions
Income Tax

Reassessment Quashed Due to Non-Compliance with Tribunal Directions

CA Vijayakumar Shetty10 months ago
Income TaxAccommodation Entry Allegation Rejected Due to Proper Documentation
Income Tax

Accommodation Entry Allegation Rejected Due to Proper Documentation

CA Vijayakumar Shetty10 months ago
Income TaxTCS Credit Cannot Be Denied for Default of Collector: ITAT Pune
Income Tax

TCS Credit Cannot Be Denied for Default of Collector: ITAT Pune

CA Sayyad Sadak10 months ago
Income TaxSection 270A Penalty cannot be imposed for Disallowance of Legal Claim: ITAT Delhi
Income Tax

Section 270A Penalty cannot be imposed for Disallowance of Legal Claim: ITAT Delhi

CA Sayyad Sadak10 months ago
Income TaxSection 153C Limitation Counts From Handover, Not Search: ITAT Quashes Assessment
Income Tax

Section 153C Limitation Counts From Handover, Not Search: ITAT Quashes Assessment

CA Vijayakumar Shetty10 months ago
Income TaxTime-Barred Section 153C Assessment Struck Down for Non-Searched Person
Income Tax

Time-Barred Section 153C Assessment Struck Down for Non-Searched Person

CA Vijayakumar Shetty10 months ago
Income TaxSection 11 Relief Restored: Education Trust Not Bound by Rigid Form-10 Purpose
Income Tax

Section 11 Relief Restored: Education Trust Not Bound by Rigid Form-10 Purpose

CA Vijayakumar Shetty10 months ago
Income TaxThird-Party iPhone Notes Not Enough: ITAT Mumbai Deletes ₹2 Cr Addition
Income Tax

Third-Party iPhone Notes Not Enough: ITAT Mumbai Deletes ₹2 Cr Addition

CA Vijayakumar Shetty10 months ago
Income TaxITAT Jaipur Confirms Full Section 54F Exemption Despite Son’s Name in Sale Deed
Income Tax

ITAT Jaipur Confirms Full Section 54F Exemption Despite Son’s Name in Sale Deed

CA Vijayakumar Shetty10 months ago
Income TaxWithdrawal of approval u/s. 10(23C)(vi) without corroborative evidence of personal benefit not justifiable
Income Tax

Withdrawal of approval u/s. 10(23C)(vi) without corroborative evidence of personal benefit not justifiable

POONAM GANDHI10 months ago
Income TaxOne-Day Notice Invalidates Reassessment: ITAT Chennai Quashes U/s 148A(b) Proceedings
Income Tax

One-Day Notice Invalidates Reassessment: ITAT Chennai Quashes U/s 148A(b) Proceedings

CA Vijayakumar Shetty10 months ago
Income Tax175-Day Delay Condoned by ITAT for Remote Villager Assessee
Income Tax

175-Day Delay Condoned by ITAT for Remote Villager Assessee

CA Vijayakumar Shetty10 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.