Income Tax
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Goetze (India) Ltd. Does Not Restrict Appellate Authorities From Entertaining New Claims: ITAT Chennai
Revenue Can Challenge Issue in Later Years if Earlier Non-Filing Was Due to Inadvertence: Delhi HC
ITAT Deletes Section 69C Addition as System-Generated Import Data Differences Were Not Real Expenditure
Duty Drawback Accrues After Approval: SC Upholds Delhi HC Ruling
Duty Drawback Taxable on Approval, MODVAT Credit Allowed u/s 43B, but 80IB Must Be Reduced for 80HHC: Delhi HC
Why Filing ITR Too Early in 2026 Can Be Risky: AIS, 26AS, TDS & Notice Risks
Delhi ITAT Deletes Penalty on Deemed Rent Addition as Issue is Debatable
ITAT Allows 80-IA Relief on Carbon Credits & Deletes Creditor Write-Back Addition
Delhi ITAT Condones 168-Day Delay as Assessee Had No Knowledge of Assessment Order
ITAT Quashes Reassessment as Search Material Required Section 153C Proceedings
Wrong ITR Figures Alone Can’t Trigger Section 68 Addition: ITAT Delhi
Bangalore ITAT Grants Relief as Revised Form 10 Filed Before Assessment Saved ₹1.44 Cr Claim
Delhi ITAT Upholds Quashing of Time-Barred Section 153C Assessment Beyond 10-Year Limit
Mumbai ITAT Condoned 13-Year Delay, Gives Housing Society Fresh Chance for 80P Claim
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.
