Income Tax
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Rental Income from Stock-in-Trade Properties Taxable as Business Income: Bombay HC
ITAT Chennai Deletes Domestic TP Adjustment Under Section 92BA(i) After Omission
Bombay HC Dismisses Section 263 Revision Appeal Where AO Took Possible View
Bombay HC Dismisses Section 263 Revision on Plausible View of FD Interest Income
Section 263 Revision Unsustainable When AO Takes Plausible View on Business Income: SC
Income-tax Act 2025 Operationalised From April 2026 With PRARAMBH 2026
GST AAR: Hotel Booking Agent Denied Pure Agent Benefit Under Rule 33
Section 170A Modified Income Tax Returns and Excess Refunds After Demerger
How to Check ITR Refund Status for AY 2026-27: Step-by-Step Guide
Business Loss on NPA Sale; Section 263 Cannot Override Binding ITAT Precedent: Nagpur ITAT
ITAT Patna Upholds Section 263 Revision for Failure to Apply Sections 69A, 69B & 115BBE
Delayed Employees’ PF Disallowance May Enhance Section 80-IC Deduction: Kolkata ITAT
Section 68 Addition Cannot Stand Without Reconciling Discrepancies: Cochin ITAT
Wife’s Jewellery Not Taxable in Husband’s Hands; 115BBE Rate Prospective: ITAT Nagpur
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.
