Income Tax
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IT Revision Application Rejected Due to 7 Year Delay Without Sufficient Cause
26 Important Income-tax Proposals in Union Budget 2026
Rajasthan HC Quashed Reassessment for Being Issued by JAO Instead of FAO
CIT(A) Remand Power Upheld Under New Section 251 Provision
General Power of Attorney cannot be treated as JDA for taxing capital gains
Section 263 Cannot Be Invoked Where AO’s View on deduction Is Plausible: ITAT Pune
ITAT Chandigarh Accepted Presumptive Income Despite Demonetization Cash Deposits
No Addition for Demonetisation Cash Deposits Supported by Agricultural Income: ITAT Surat
Assessment Held Time-Barred Due to Invalid Foreign Information Reference
Section 271AAB Penalty Not Automatic on Voluntary Disclosure Post-Search
Interest From Debtors Not Unexplained Loans Under Section 69B: ITAT Pune
Reassessment Quashed for Want of Proper Approval Under Section 151
Stamp Duty Value Addition on Property Set Aside for Natural Justice Breach
Gujarat HC Quashed Income Tax Assessment Order for Ignoring Reply to SCN
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.
