Income Tax
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ITAT Ahmedabad Condoned 604-Day Delay, Grants Fresh 12AB Registration Opportunity

Difference of opinion cannot justify Section 263 revision if AO taken Plausible View

Gujarat HC Quashes Income Tax reassessment for Ignoring Taxpayer Submissions

Income Tax Audit New Rules: What’s New in Form 3CD for AY 2025-26?

ITAT Delhi Quashes ₹986 Cr Royalty Addition on International Shipping Income

Multiple Floors Constitute Single Residential House for Section 54F: ITAT Delhi

Mere disallowance does not automatically trigger Section 271(1)(c) penalty: ITAT Ahmedabad

ITAT Ahmedabad Condones Delay in Filing Appeals Due to Wrong Email Notices

Section 35(1)(iii) Donation Deduction Cannot Be Denied on Later Withdrawal of Institution Approval

Karnataka HC Quashes Non-Faceless Section 148A Reassessment Notices by Jurisdictional AO

Section 44AB vs 44AD vs 44ADA: Audit Rules and Presumptive Taxation

Additional evidence admitted by imposing cost due to casual and callous approach

Addition based on statement recorded behind back of assessee without affording cross examination cannot be sustained

Material from internet is not cogent evidence which can justify invocation of section 13
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.

