Income Tax
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ITAT Sets Aside Section 271BA Penalty for Technical Delay in Filing Form 3CEB

Kerala HC Stays Income Tax Recovery Proceedings Pending Appellate Review

ITAT Quashes Section 80G(5) Rejection Over Form 10AB Technical Error

ITAT Deletes ₹3.18 Cr Land Cash Payment Disallowance u/s 40A(3): Business Need

ITAT Quashes Rs. 4.17 Cr Section 271C TDS Penalty as Time-Barred by Limitation

ITAT Quashes ₹42 Cr 153A Addition: No Incriminating Material Found During Search

ITAT Delhi Upholds Deletion of Bogus LTCG Addition on Share Sale

ITAT Orders Fresh Assessment on Joint Bank Cash Deposits for Ex-Army Assessee

Tribunal Grants Final Opportunity to Non-Filer Before Upholding Reassessment

ITAT Raipur Dismisses Appeal as Withdrawn Under Vivad Se Vishwas Scheme

ITAT Jabalpur Restricts Addition to 12% Presumptive Interest on Cash Deposits

Tax Treatment of Income from Salary in Brief

₹15.55 Cr Unexplained Cash Addition: ITAT Remands Case Due to CIT(A) Ignoring Evidence

Rectification Not Allowed When Beneficiaries’ Shares Are Indeterminate: ITAT Lucknow
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.

