Income Tax
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Parameters for compulsory selection of income-tax returns filed in FY 2025-26
No Section 271D Penalty if No Assessment Was Made & No Satisfaction Was Recorded: ITAT Delhi
ITAT Quashes Reassessment as Moratorium Under IBC Barred Fresh Tax Proceedings
Loan Confirmations Alone cannot Prove Creditworthiness of Creditors: ITAT Mumbai
CSR Expenditure Not Automatically Bar Section 80G Deduction: ITAT Ahmedabad
Taxability of Perquisite in rent-free or concessional Employee Accommodation
No Tax Deduction: Form 15G and Form 15H Declarations
Understanding Equalisation Levy: Online Advertising & E-commerce
Gujarat HC Deletes LTCG Addition as Penny Stock Allegation Was Unsupported by Evidence
Delhi HC Upholds Reassessment Notice as Time Granted for Reply is Excluddible from Limitation
Rajasthan HC Quashes Section 148 Proceedings as Notice Was Issued Against a Deceased Person
Gujarat HC Dismisses Section 68 Addition as Loan Identity, Source & Repayment Established
Gujarat HC Dismisses Tax Appeal as DVO Reference Was Not Permissible Under Pre-2012 Section 55A
Long-Term Share Holding Not Penny Stock Because Investment Was Held for 10 Years
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.
