Income Tax
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Bombay HC Quashes ₹103 Crore Addition in AIF Assessment
Income Tax Penalty Set Aside Due to Non-Consideration of APA Modified Return
HC Confirms ITAT Decision Allowing Charitable Trust to Set Off Excess Expenditure
Writ Not Entertained When Alternate Remedy Before CIT(A) Exists: Bombay HC
Section 153A Additions Made Without Incriminating Material are Invalid: ITAT Delhi
ITAT Exceeded Jurisdiction in Recalling Order Based on Later SC Ruling
Speculation Loss Cannot Offset F&O Profits: ITAT Mumbai
ITAT Mumbai Restricts Bogus Purchase Addition to 12.5% Profit instead of 100%
ITAT Mumbai Deletes Section 69C Addition on Purchases Verified by VAT Authorities
ITAT Deletes Bogus Purchase Addition as assessee submitted adequate evidence
Bombay HC Upholds 80IA Deduction on Interest Income for IT Park Leasing
Bombay HC Disposes ITAT Premises Writ After 25 Years
Section 271(1)(c) Penalty Not Sustainable on Estimated Income Additions: Bombay HC
Income Tax Audit 2025: Deadline Pressure and Extension Demands
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.
