Income Tax
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Section 54 Exemption Allowed as Possession Taken Despite Unregistered Agreement
ITAT Sets Aside 30% Tax on AOP Income as Income was Below Threshold
Garnishee Proceedings Stayed; Consider Assessee Representation Before Recovery: Madras HC
Mutuality upheld, but bank interest taxed: ITAT sends club case back
No additions on account of consultancy receipts and alleged unexplained investments
Section 68 Addition Deleted Due to Absence of Incriminating Material in Search Assessment
Invalid Jurisdiction Under Section 153C Due to Vague Satisfaction Note for Multiple Years
Section 153A Invalid Due to Absence of Incriminating Material in Unabated Years
CBDT Notifies OPELIP for Section 10(46) Tax Exemption on Specified Income
Reassessment Quashed as Mechanical Approval u/s 151 & Jurisdiction Wrongly Assumed by ITO
Section code related to TDS under Income Tax Act, 2025
ITAT Deletes Penny Stock Addition as Shares Were Purchased in Earlier Assessment Year
ITAT deletes addition of unexplained income as cash deposit evidence was furnished
No draft order, no assessment: ITAT quashes order for Section 144C violation
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.
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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.
