Income Tax
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Source-of-Source Proviso Inapplicable to AY 2011-12: ITAT Chennai Deletes ₹17 Cr Addition
Section 69A Addition Deleted Where Cash Deposits Related to Accepted Business Turnover: ITAT Chennai
General Deficiency Finding Cannot Sustain Section 12AB Rejection: ITAT Chennai
Additional Export Records Require Fresh AO Examination: ITAT Chennai
Audited Books Alone Cannot Prove Disputed Cash Sales: ITAT Chennai
Request for extension of Tax Audit and ITR filing deadlines for AY 2026–27
Leasing School Property Without Own Educational Activity Cannot Secure Section 12A Registration: ITAT Delhi
High Court No-TDS Order Shields SBI From Section 201 Default on LFC: ITAT Rajkot
Section 148A(d) Order After Limitation Makes Reassessment Void: ITAT Mumbai
Reassessment Writ Dismissed as Statutory Appeal Was Already Pending Before CIT: Chhattisgarh HC
Tax Audit Due Date Extension 2026: Will the 30 September Deadline Move?
AO Disallowed 25% of Purchases; PCIT Wanted 100%: Mumbai ITAT Quashes Section 263 Revision
Section 143(2) Cannot Replace Section 148 After Post-2021 Search: ITAT Mumbai
Section 153C Requires Year-Specific Nexus With Seized Material: ITAT Mumbai
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.
