Income Tax
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Section 54F Relief Allowed in Reassessment: ITAT Treats JDA Flats as Investment

Tax Planning for Managerial Decisions | Finance Act 2025 Updates

Capital Gains Taxability under Income-tax Act, 1961

Bogus Purchases Allegation Rejected as Sales, Stock & GST Records Accepted

12% Profit Estimation & Rejection of Books Set Aside Due to Lack of Justification

No Penny Stock LTCG Addition if no Evidence Linking Assessee to Share Price Manipulation

Penny Stock LTCG Not Bogus Based Only on Investigation Reports: ITAT Ahmedabad

SC to Examine Limitation Extension Denied Due to Invalid DTAA Reference for Pre-2011 Period

Empowering IBBI Registered Valuers under Section 247 of Income Tax Act 2025

Cash Transaction Rules Under Income Tax: Do’s & Don’ts for Small Businesses (From 01.04.2026)

Suspicion Cannot Replace Proof in Labour Charges: ITAT Deleted Ad-Hoc Disallowance
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Huntsman Investment [Netherlands] BV: When Does a Buy-Back Become a Corporate Reorganisation

Form 26: The New Era of Tax Audit Reporting in India

Section 14A Cannot Apply When No Exempt Income Exists: ITAT Delhi
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.

