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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 TaxUnsigned Approval U/s 151 Invalid – ITAT Quashes Reassessment
Income Tax

Unsigned Approval U/s 151 Invalid – ITAT Quashes Reassessment

CA Vijayakumar Shetty3 months ago
Income TaxNRI Residency Status Changes from 1 April 2026 – Are You Now a Tax Resident of India?
Income Tax

NRI Residency Status Changes from 1 April 2026 – Are You Now a Tax Resident of India?

[email protected]3 months ago
Income TaxSummary of FAQs-on-Interplay-&-Transition from Income Tax Act, 1961 to 2025
Income Tax

Summary of FAQs-on-Interplay-&-Transition from Income Tax Act, 1961 to 2025

CA Rohan Pingle3 months ago
Income TaxShare Premium Tax Above FMV: End of Section 56(2)(viib), Section 92(2)(m) Continues, Tax Gap Emerges
Income Tax

Share Premium Tax Above FMV: End of Section 56(2)(viib), Section 92(2)(m) Continues, Tax Gap Emerges

Raghav Mundra3 months ago
Income TaxHow Income Tax Act 2025 Protects Pending Litigations of 1961 Act?
Income Tax

How Income Tax Act 2025 Protects Pending Litigations of 1961 Act?

Umesh Sharma3 months ago
Income TaxNew Income Tax Rule 46(8): Mandatory Daily Backup of Digital Books in India
Income Tax

New Income Tax Rule 46(8): Mandatory Daily Backup of Digital Books in India

CA Arjun Dhorajiya3 months ago
Income TaxFactory Shift ≠ Capital Asset – ITAT Allows ₹1.13 Cr as Revenue, Calls Out “Enduring Benefit” Overreach
Income Tax

Factory Shift ≠ Capital Asset – ITAT Allows ₹1.13 Cr as Revenue, Calls Out “Enduring Benefit” Overreach

CA Vijayakumar Shetty4 months ago
Income TaxRegistration Rejected for “Low Activity”? ITAT Sends It Back – Opportunity Must Precede Denial
Income Tax

Registration Rejected for “Low Activity”? ITAT Sends It Back – Opportunity Must Precede Denial

CA Vijayakumar Shetty4 months ago
Income TaxGujarat High Court Adjourns ITR Utility Delay Case Due to CBDT Inaction
Income Tax

Gujarat High Court Adjourns ITR Utility Delay Case Due to CBDT Inaction

CA Sandeep Kanoi4 months ago
Income TaxInterest on VAT is Compensatory, Not Penal – ITAT Allows Deduction
Income Tax

Interest on VAT is Compensatory, Not Penal – ITAT Allows Deduction

CA Vijayakumar Shetty4 months ago
Income TaxExcess Stock in Survey = Business Income, Not 115BBE Hit – ITAT Pune Draws Clear Line
Income Tax

Excess Stock in Survey = Business Income, Not 115BBE Hit – ITAT Pune Draws Clear Line

CA Vijayakumar Shetty4 months ago
Income TaxNo Specific Charge = No Penalty – ITAT Deletes 270A Penalty for Vague Notice Bonafide Claim
Income Tax

No Specific Charge = No Penalty – ITAT Deletes 270A Penalty for Vague Notice Bonafide Claim

CA Vijayakumar Shetty4 months ago
Income TaxUpdated Return Can’t Kill Genuine Exemption – ITAT Allows Section 11 Relief Despite Delay
Income Tax

Updated Return Can’t Kill Genuine Exemption – ITAT Allows Section 11 Relief Despite Delay

CA Vijayakumar Shetty4 months ago
Income TaxTDS Challan: Nature of Payment Code and others under Income Tax Act 2025
Income Tax

TDS Challan: Nature of Payment Code and others under Income Tax Act 2025

KOPAL AGARWAL4 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.