Income Tax
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ITAT Deletes Addition as WhatsApp Chats Lacked Section 65B Certification

Assessment Quashed as Department Failed to Share Incriminating Search Material

Income Tax Compliance Calendar FY 2026-27

CBDT Revises monetary limits for jurisdiction of Wards & Circles in JAO charges in Delhi

ITAT Mumbai Excludes MPS Ltd. as Comparable, Deletes ₹18.80 Crore TP Adjustment in ITES Case

Transfer Pricing Addition Sent Back as DRP Failed to Properly Examine Functional Comparability

ITAT Surat Upholds Taxation of Only Commission Income in Cheque Discounting Case, Deletes ₹3.15 Crore Section 68 Addition

Earlier Liaison Office Findings Cannot Automatically Decide Branch Office Taxability: ITAT Delhi

SC LTC Ruling Cannot Retrospectively Create TDS Default: ITAT Ahmedabad

Undisclosed Turnover Addition Reduced as ITAT Estimates Profit at 2.5% Instead of 8%

ITAT Restores Section 80P Claim as Delay Condonation Petition Was Pending

Suspicion Alone Could Not Prove Suppressed Sales: SC

HC Deletes ₹16.61 Crore Addition as Estimated Yield Alone Could Not Prove Suppressed Sales

Section 80JJAA Deduction Rejected as Amalgamation Amounted to Business Reorganisation
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.

