Income Tax
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FAQs on taxation of charitable or religious trusts under Income Tax Act, 1961

Old vs New Tax Regime FY 2026-27: Salaried Employees’ Checklist

ITAT Annuls Section 153A Assessment as Search Warrant Was Not in Assessee’s Name

ITAT Rejects Recall Plea as COVID Limitation Extension Not Apply to Assessment Proceedings

ITAT Deletes GP Addition as AO Failed to Reject Books Under Section 145(3)

Karnataka HC Orders Refund After Entire Tax Demand Was Recovered Despite Interim Stay

ITAT Deletes MAT Addition Because Convertible Debentures Were Not Compound Financial Instruments

Assessment Order Quashed as 3-Hour Notice for Video Hearing Violated Natural Justice

ITAT Grants Full TDS Credit Despite Employer’s Failure to Deposit Tax

FAQs on interest under section 234A, 234B, 234C and 234D

ITAT Deletes Bogus LTCG Addition on Green Crest Shares; Suspicion Cannot Replace Evidence

TDS Under Section 194J Upheld for Coaching Institute Faculty

Bad Debt Deduction Allowed as Effective Write-Off Need Not Close Debtor Account

No Section 270A Penalty if AO Did Not Specify Under-Reporting or Misreporting
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.

