Income Tax
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ITAT Rajkot Condoned 1987-Day Appeal Delay Due to Wrong Tax Advice
Rental Income from Let-Out Office Taxable as House Property Income: ITAT Delhi
Section 154 Rectification Set Aside as Section 40(a)(ia) TDS Issue Was Debatable: ITAT Delhi
Section 148 Reopening Challenge Rejected on Statutory Appeal Availability: Gujarat HC
Section 147 Reassessment Quashed as Escaped Income Below Section 149 Threshold: ITAT Rajkot
Advance Tax Provisions Retained in Income-tax Act 2025 with Renumbered Sections
Cum Tax Benefit Allowed on 26AS Value Accepted by Settlement Commission: P&H HC
Goodwill Depreciation Allowed on Slump Sale Business Acquisition: ITAT Chennai
Entire Books Cannot Be Rejected for One Unproved Expense: ITAT Ahmedabad
Section 147 Reassessment Quashed as Reopening Based on Change of Opinion: ITAT Mumbai
Reassessment Under Section 147 Invalid Where Section 153C Applies: ITAT Pune
Section 10(10B) Exemption Allowed on BSNL VRS Compensation: ITAT Ahmedabad
On-Money Addition Restricted to Co-owner’s Investment Share: ITAT Ahmedabad
Section 2(47)(v) Capital Gains Deleted as Section 53A Conditions Not Satisfied: ITAT Bangalore
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.
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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.
