Income Tax
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ITAT Amritsar Deletes Penalty on Brick Kiln Firm After Govt Certificates Prove Supplies
ITAT Delhi Quashes Assessment Passed on Non-Existent/Dissolved Company
Revision u/s. 263 justified as AO accepted returned income without complete enquiry
ITAT Ranchi Sends Back Cash Deposit Case; AO to Verify Business Turnover
MCTC Requests ITR & Audit Deadline Extension for AY 2025-26
ITAT Rejects Revenue’s Appeal on Technical Grounds in ₹3.10 Cr Penalty Case
DRAT Penalizes Guarantors with Interest for Negligent Appeal Pursuit
Delhi HC Quashes 5% Compounding Charges in Velvet Apple Hotel TDS Case
ITAT Ruling on Section 50C & 54: Indexed Cost of Improvement Allowed
ITAT Chennai Restores Trust’s 80G Application; Directs CIT(E) to Reconsider Under Amended Law
Karnataka HC Directs IT Dept to Refund Excess TDS to Azim Premji Foundation with Interest
Karnataka HC Directs Income Tax Dept to Release Refund with Interest
ITAT Upholds Revenue Recognition, Discounts & Confirms Accrual Method
5 Key Income Tax Provisions Every Indian Taxpayer Should Know
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.
