Income Tax
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Delhi ITAT: No ‘Asset’, No Reopening Beyond 3/6 Years; 148 Notices Quashed
Calcutta HC Sets Aside Section 148A(d) Order as No Personal Hearing Was Granted
NRI ITR Filing: Taxable Income, ITR-2 vs ITR-3, TDS Refund and Bank Account Rules
Revised Return vs Updated Return: Budget 2026 Changes
Bangalore ITAT Bars Additions in Unabated 153A Cases Without Incriminating Material
ITR-1 & ITR-4: Income, Assets and Transactions That Can Never Be Reported
Delhi ITAT Quashes ₹20.56 Lakh Penalty Due to Vague Notice Under Section 270A
ITAT Allows Bad Debt Claim as Advances Were Given in Ordinary Course of Financing Business
Indexed Factory Building Cost Allowed Despite ‘Vacant Land’ Deed; Stamp Duty Value Can’t Inflate Tax
87A Rebate Allowed on STCG u/s 111A, CPC Denial Quashed: Bangalore ITAT
Reassessment Notices Quashed as ITBA Portal Dispatch Happened After Limitation Deadline
Section 87A Rebate not Allowed on LTCG under section 112: Bangalore ITAT
P&H HC Refuses to Quash Section 148 Notice as Reassessment Proceedings Were Still Pending
ITAT Restricts Demonetization Cash Deposit Addition to Rs.1 Lakh Because Earlier Withdrawals Were Ignored
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.
