Income Tax
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Section 56(2)(x) Addition Set Aside as AO Failed to Refer Property Valuation to DVO: ITAT Mumbai
ITAT Deletes Tax Addition Because Long-Term Share Investment Was Genuine, Not Penny Stock
ITAT Deletes Section 56(2)(x) Addition as Property Agreement Predated Provision
Lump-Sum Alimony vs. Monthly Maintenance :Tax Treatment
Finance Bill 2026 Expands Immunity Even for Misreporting of Income to Reduce Tax Litigation
Income Tax Exemption on Disability Pension Continues Under Income-tax Act 2025
Income Tax Raid Details Cannot Be Shared Due to Legal Confidentiality
CBDT Grants Sec 35 Research Approval to G.S.L. Medical College & General Hospital
Budget 2026 Buyback Taxation: Capital Gains Treatment for Shareholders and Additional Tax for Promoters
TDS Rates Under Income Tax Act 2025 from 1 April 2026
How India’s new Income Tax Act (2025) rewrites rules of assessment PART II
Reassessment Quashed as Capital Gains Taxable in Transferor Spouse’s Hands Under Clubbing Rules
ITAT Deletes Section 69B Addition as Third-Party Loose Sheet Lacked Cross-Examination
Section 10(23C)(iiiad) Exemption Allowed as Corpus Donations Not Part of Annual Receipts
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.
