Income Tax
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Interest Linked to Project Funds Is Capital Receipt & Not Taxable as other Income: Delhi HC
Telangana HC Quashed Reassessment Due to Invalid Section 151 Approval
Unaccounted cash receipt Addition Invalid Due to Denial of Cross-Examination in Third-Party Document Case
Key Changes in Income Tax Forms under Income Tax Act 2025 (Part-1)
Revision u/s. 263 upheld as related party expense allowed without detailed verification
US Taxation – IRS Audits
ITAT Quashed Income Tax Assessment Due to Absence of Section 127 Transfer Order
SC Dismisses Appeal Due to Delay, HC Ruling on No PE and Offshore Taxability Stands
Offshore Supply Income Not Taxable in India Due to Absence of Business Connection: Delhi HC
Income Tax Appeal Reinstated as Delay due to Bona Fide Belief & COVID-19 Disruption
Reopening Valid Where Income Escapement Based on Search-Derived Information
Wage Arrears Deduction Allowed as Liability Accrued from Pay Revision Effective Date
No TDS on Transport Payments: Declaration Format Under Income Tax Act 2025
CBDT Refutes Allegations of Tax Raid, Terms Claims Baseless; Complaint Filed with Election Commission & Police
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.
