Income Tax
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Buyback Taxation Shifted from Dividend to Capital Gains from 1st April 2026

No TDS on Interest Paid to Co-operative Banks from 1st April 2026

Finance Bill 2026: Major Income-Tax Changes

Foreign Assets of Small Taxpayers Disclosure Scheme, 2026: An Overview

Extrapolation of Unrecorded Sales Without Incriminating Material Invalid: ITAT Chandigarh

Unaccounted Liquor Sales—Profit to Be Estimated, Not Gross Receipts Taxed: ITAT Chandigarh

Key Highlights of Union Budget 2026 covering major Direct Tax proposals

Sale of Rights in Plots Is Capital Transaction, Not Unexplained Money: ITAT Chandigarh

Interest to NBFC Not Automatically Disallowable u/s 40(a)(ia): ITAT Rajkot

DDT on Foreign Dividends Restricted to Treaty Rate Due to DTAA Override

Section 11 Exemption Allowed Despite Late Audit Report Filing Due to Procedural Nature

Concessional Section 115BAA Tax cannot be Denied Solely for Procedural Lapse in Form Filing

Gujarat HC Condoned Delay in Filing Mandatory Form 10-ID Due to Portal Glitches

Demonetisation Cash Deposits Explained; Partners Capital Not Taxable in Firms Hands
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.

