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Income Tax

Get all latest income tax news, act, article, notification, circulars, instructions, slab on Taxguru.in. Check out excel calculators budget 2017 ITR, black money, tax saving tips, deductions, tax audit on income tax.

Income TaxBudget 2026: Disallowance of Deduction of Interest on Dividend Income
Income Tax

Budget 2026: Disallowance of Deduction of Interest on Dividend Income

CA Dr. Dilip Satbhai5 months ago
Income TaxReassessment Quashed Because Notice Issued to Non-Existent Company After LLP Conversion
Income Tax

Reassessment Quashed Because Notice Issued to Non-Existent Company After LLP Conversion

CA Sandeep Kanoi5 months ago
Income TaxAdv. Mukul Rohatgi Case: Section 263 Revision Invalid as AO Had Conducted Proper Inquiry
Income Tax

Adv. Mukul Rohatgi Case: Section 263 Revision Invalid as AO Had Conducted Proper Inquiry

Adv (CA) Vijay Gupta5 months ago
Income TaxAnalysis of 20% LTCG with Indexation vis-à-vis 12.5% Without Indexation
Income Tax

Analysis of 20% LTCG with Indexation vis-à-vis 12.5% Without Indexation

CA Prabir Basak5 months ago
Income TaxTransfer Pricing: CUP Analysis Market Condition Adjustments: Thailand Vs. Vietnam
Income Tax

Transfer Pricing: CUP Analysis Market Condition Adjustments: Thailand Vs. Vietnam

Ayush5 months ago
Income TaxSuppressed Sales Addition Deleted: KOT Data and Survey Admissions Without Corroboration Not Valid
Income Tax

Suppressed Sales Addition Deleted: KOT Data and Survey Admissions Without Corroboration Not Valid

CA Vijayakumar Shetty5 months ago
Income TaxIncome Tax Addition for Capitation Fees Rejected Because Statement Was Uncorroborated
Income Tax

Income Tax Addition for Capitation Fees Rejected Because Statement Was Uncorroborated

CA Ajay Kumar Agrawal5 months ago
Income TaxCapitalisation in Books Does Not Decide Tax Deduction, Marketing Spend Allowed as Revenue
Income Tax

Capitalisation in Books Does Not Decide Tax Deduction, Marketing Spend Allowed as Revenue

CA Sandeep Kanoi5 months ago
Income TaxRevision Under Section 263 Invalid Because AO’s Order Was Not Prejudicial to Revenue
Income Tax

Revision Under Section 263 Invalid Because AO’s Order Was Not Prejudicial to Revenue

CA Sandeep Kanoi5 months ago
Income TaxUnreasonably high expense needs to be establish by assessee: Matter remanded to verify additional evidence
Income Tax

Unreasonably high expense needs to be establish by assessee: Matter remanded to verify additional evidence

POONAM GANDHI5 months ago
Income TaxNo separate notional interest adjustment when working capital adjustment made under TNMM
Income Tax

No separate notional interest adjustment when working capital adjustment made under TNMM

POONAM GANDHI5 months ago
Income TaxPenalty U/s 270A Set Aside as U/s 270AA Immunity Denied Due to Form 68 Glitch – ITAT Remands Case
Income Tax

Penalty U/s 270A Set Aside as U/s 270AA Immunity Denied Due to Form 68 Glitch – ITAT Remands Case

CA Vijayakumar Shetty5 months ago
Income TaxDenial of U/s 80G Approval to Educational Trust Held Unjustified – ITAT Directs CIT(E) to Grant Approval
Income Tax

Denial of U/s 80G Approval to Educational Trust Held Unjustified – ITAT Directs CIT(E) to Grant Approval

CA Vijayakumar Shetty5 months ago
Income TaxConstruction Cost Disallowance in Capital Gains Set Aside; AO to Examine Valuation Report
Income Tax

Construction Cost Disallowance in Capital Gains Set Aside; AO to Examine Valuation Report

CA Vijayakumar Shetty5 months ago

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.