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Income Tax

Get all latest income tax news, act, article, notification, circulars, instructions, slab on Taxguru.in. Check out excel calculators budget 2017 ITR, black money, tax saving tips, deductions, tax audit on income tax.

Income TaxForm 16 Trap: ITAT Deletes ₹51 Lakh Penalty on Wrong ESOP Exemption Claim
Income Tax

Form 16 Trap: ITAT Deletes ₹51 Lakh Penalty on Wrong ESOP Exemption Claim

CA Vijayakumar Shetty3 months ago
Income TaxSection 54F Exemption Allowed as Entire Capital Gain Was Invested Within Statutory Period
Income Tax

Section 54F Exemption Allowed as Entire Capital Gain Was Invested Within Statutory Period

CA Ajay Kumar Agrawal3 months ago
Income TaxSection 69A Addition Deleted Because Cross-Examination of Third-Party Witness Was Denied
Income Tax

Section 69A Addition Deleted Because Cross-Examination of Third-Party Witness Was Denied

CA Ajay Kumar Agrawal3 months ago
Income TaxPune ITAT Quashes Section 148 Notice for Taking Sanction From PCIT Instead of PCCIT
Income Tax

Pune ITAT Quashes Section 148 Notice for Taking Sanction From PCIT Instead of PCCIT

CA Vijayakumar Shetty3 months ago
Income TaxITAT Deletes ₹6.75 Crore Professional Fee Disallowance Linked to Iran Sanction Banking Issues
Income Tax

ITAT Deletes ₹6.75 Crore Professional Fee Disallowance Linked to Iran Sanction Banking Issues

CA Vijayakumar Shetty3 months ago
Income TaxReassessment Quashed as Section 148 Approval Was Taken from Wrong Authority
Income Tax

Reassessment Quashed as Section 148 Approval Was Taken from Wrong Authority

CA Ajay Kumar Agrawal3 months ago
Income TaxTDS on Rent under Income-tax Act, 2025: A Tenant’s Practical Guide to Form 141 Compliance
Income Tax

TDS on Rent under Income-tax Act, 2025: A Tenant’s Practical Guide to Form 141 Compliance

Anita Bhadra3 months ago
Income TaxCPC Cannot Deny 25% Tax Rate Benefit Due to Missing ITR Column: ITAT Pune
Income Tax

CPC Cannot Deny 25% Tax Rate Benefit Due to Missing ITR Column: ITAT Pune

CA Vijayakumar Shetty3 months ago
Income TaxNo Fishing Enquiries in Reassessment – Pune ITAT Quashes 148 Proceedings After AO Dropped Original Issue!
Income Tax

No Fishing Enquiries in Reassessment – Pune ITAT Quashes 148 Proceedings After AO Dropped Original Issue!

CA Vijayakumar Shetty3 months ago
Income TaxStatutory SLR Deposits Save 80P Deduction – ITAT Bangalore Draws Clear Line Between Mandatory Funds & Idle Surplus!
Income Tax

Statutory SLR Deposits Save 80P Deduction – ITAT Bangalore Draws Clear Line Between Mandatory Funds & Idle Surplus!

CA Vijayakumar Shetty3 months ago
Income TaxNew PAN Regulations for NRIs, Foreign Entities & Their Representatives
Income Tax

New PAN Regulations for NRIs, Foreign Entities & Their Representatives

apkireturn3 months ago
Income TaxDelhi HC: Additional Documents Can Be Filed in Criminal Tax Prosecution – “Truth Cannot Be Sacrificed for Technicalities”
Income Tax

Delhi HC: Additional Documents Can Be Filed in Criminal Tax Prosecution – “Truth Cannot Be Sacrificed for Technicalities”

CA Vijayakumar Shetty3 months ago
Income TaxDelhi HC to Tax Department: 100% Shareholding Doesn’t Make You Owner of Company’s Property
Income Tax

Delhi HC to Tax Department: 100% Shareholding Doesn’t Make You Owner of Company’s Property

CA Vijayakumar Shetty3 months ago
Income TaxImportant May 2026 Income Tax Compliances for Gems & Jewellery Businesses
Income Tax

Important May 2026 Income Tax Compliances for Gems & Jewellery Businesses

Dr. Suresh Surana3 months ago

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.