Income Tax
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Section 12AB Renewal Cannot Be Rejected Without Identifying Missing Documents: ITAT Mumbai
₹2.22 Crore Property Addition Made Ex Parte Remanded for Fresh Examination: ITAT Mumbai
Mixed Charitable-Religious Objects Do Not Bar Section 12AA Registration: Madras HC
Stamp Duty Value Replaces Sale Price Under Sections 50C and 43CA Beyond 110% Limit
Unexplained Cash Deposit Finding Alone Cannot Sustain Section 271D Penalty: ITAT Mumbai
Separate NLD Undertaking Eligible for Section 80-IA Deduction: ITAT Mumbai
Public Company Director Cannot Face Section 179 Recovery Without Statutory Findings: Gujarat HC
Section 148 Notice for Previously Assessed Transaction Is Illegal: Delhi High Court
Parallel Scrutiny After Section 170A Modified Return Invalid: Bombay High Court
EDC Attracts Section 194C TDS; Administrative Charges Remanded: ITAT Delhi
CBDT Approves GCS Foundation for Scientific Research Under Section 45(3)(b)
Return E-Verified Later Deemed Filed on Original Filing Date for Section 234A Interest: ITAT Chennai
Already Taxed Demerged Income Cannot Trigger Reassessment: Telangana HC
CBDT Approves Santhigiri Ashram for Scientific Research under Income-tax Act, 2025
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.
