Income Tax
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Draft Income Tax Rule 244 – Due diligence procedures under section 509 of the Act
Draft Income Tax Rule 243 – Reporting requirements under section 509 of the Act
Draft Income Tax Rule 242 – Obligation for reporting under section 509 of the Act
Draft Income Tax Rule 241 – Definitions for the purposes of rules 242, 243 and 244
Assessment Void Because Notice Issued to Non-Existing Company After Merger: Bombay HC
Reassessment Notice Quashed Because Section 148 Action Exceeded Surviving Limitation After SC Framework
Proposed Changes to the ITR-U Framework under Finance Bill 2026
CBDT Amends Income-tax Rules & Forms to Include Crypto-Assets & Digital Currency Reporting
Reassessment Valid Where Loose Papers and Purchaser’s Statement Indicate On-Money: ITAT Ahmedabad
Delhi HC Quashes Look Out Circular Due to No Pending Income Tax Proceedings
Draft Income Tax Rule 290, 291, 292: Audit Reports under Schedules IX & X (Sections 48 & 49) & Investment of Fund Moneys
Draft Income Tax Rule 289: Rules for functioning of an electoral trust
Draft Income Tax Rule 288: Guidelines for setting up Infrastructure Debt Fund for exemption under Schedule VII
Draft Rules 286–287: Approval for Employee Welfare Funds & Govt Grant Threshold under Schedule VII
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.
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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.
