Income Tax
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Time Limitation for Rectification of TDS/TCS Statements: A Paradigm Shift in Compliance
Gujarat HC Quashed Assessment for Failure to Issue Section 144C Draft Order
Free-of-Cost Testing Assets Not Taxable Under Section 28(iv): ITAT Bangalore
Late Form 10B Filing Insufficient to Deny Section 11 Exemption: ITAT Ahmedabad
New Tax Regime Benefit Allowed Despite One-Day Delay in Form 10IE Filing: ITAT Surat
ITAT Mumbai Allows Professional Fees & Foreign Branch Expenses u/s 37(1) for Strategic Investments
SLP Filed Only to Get SC Stamp Dismissed Due to 426-Day Delay & Vague Explanation
Gujarat HC Quashed Reopening Due to Absence of Fresh Tangible Material
Union Budget 2026-27 – Corporate Tax Wishlist
CIT(A) Cannot Dismiss Appeal In Limine Without Adjudication on Merits
Section 153A Invoked for Wrong Year; Second Search Abates First – ITAT Quashes Search Assessment for AY 2020-21
LTCG on Flats Received Under JVA Taxable in Year of Sale: ITAT Pune
ITAT Chandigarh Quashed Reassessment Beyond Four Years for No Disclosure Failure
Rural Agricultural Land Outside Section 56(2)(vii)(b): ITAT Deletes ₹59.33 Lakh Addition
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.
