Income Tax
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Addition on Property Purchase Deleted as Agricultural Land Was Beyond Municipal Limits
ITAT Mumbai Grants Relief After Portal Glitch Prevented Assessee from Appearing Before CIT(A)
ITAT Mumbai Condoned 790-Day Delay over Denial of Hearing in Temple Trust Case
Lump-Sum Alimony Not Taxable While Monthly Maintenance Is Taxable
Section 12AB & 10(23C)(iiiad): Does Expiry Trigger Exit Tax u/s 115TD?
Section 153A Assessment Annulled Due to Mechanical Section 153D Approval: Delhi HC
Revenue Appeal Dismissed as Section 153D Approval Granted Mechanically Without Application of Mind
Section 153C Notice Quashed Due to 15-Month Delay in Recording Satisfaction Note: Bombay HC
Provisional Attachment Quashed as Tax Authority Failed to Record Section 281B Reasons: Karnataka HC
Capital Gains under Income-tax Act, 2025: Key Changes from 1961 Act
ITAT Delhi Quashes Reassessment Because Section 148 Notice Was Issued to Deceased Assessee
Only profit element embedded to unaccounted purchases can be taxed: ITAT Chennai
Gift of property to wife not colourable device to taint claim of exemption u/s. 54F
TDS on Property Transactions: Transition from Form 26QB to Form 141
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.
