Income Tax
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Once Books Rejected, Profit Estimation Must Rely on Industry Data: ITAT Mumbai
Exemption u/s 10(23C)(vi) Cannot Be Denied for Delay in Filing Audit Report: ITAT Kolkata
Accommodation Entry Case: ITAT Cuts Commission Rate to ₹8,000 per Cr, Upholds Penalty
CBDT Instruction on Scrutiny Format Mandatory – Tribunal Cancels 144 Assessment
Business Trading in Shares Cannot Be Taxed u/s 68 – Penny Stock Allegation Fails
ITAT Deletes Demonetization Addition – Cash Sales Backed by VAT Accepted
Cherry Picking of Comparables Not Permissible – ITAT Clarifies TP Approach
Revision Invalid Where New Issues Added Beyond 263 Notice: ITAT Mumbai
Unsigned Agreement to Sell- Not Valid Evidence for Sec. 69/69B- Cannot Justify Addition
Tax Avoidance & Tax Evasion: A Legal Perspective under Indian Taxation Laws
New Income Tax Act 2025: Death of 1961 Legacy
Rajasthan HC Quashes Tax Reassessment Notice Issued by Jurisdictional AO
Rajasthan HC Directs Release of Seized Items Despite Minor Technical Objection
Double Disallowance Not Permissible: CSR Contribution Qualifies for 80G Deduction
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.
