Income Tax
Log in to FollowGet all latest income tax news, act, article, notification, circulars, instructions, slab on Taxguru.in. Check out excel calculators budget 2017 ITR, black money, tax saving tips, deductions, tax audit on income tax.

ITAT Quashes Reassessment for Undated & Mechanical PCIT Approval

Mere Loose Notings Without Corroboration Cannot Justify Unaccounted Income

Demonetisation Cash Deposits from Recorded Sales Cannot Be Treated as Unexplained

Technical Lapse in Form Filing Not Ground to Tax Gross Receipts of Trust

Excess Stock & Cash Found in Survey Taxable as Business Income, Not u/s 69A/115BBE

Cash Deposits Linked to Business Turnover, Only 8% Income to be Taxed: ITAT Pune

Audit Objection not justifies Section 263 Re-examination: ITAT Ranchi

Burden on AO to substantiate Income Tax Statement based additions

Disallowance of Excess Deductions and House Property Loss in revised returns was set aside and remanded back to AO

Circle rate couldn’t be applied as property was sold under distress

Section 50C cannot override Title & Valuation Disputes: ITAT Hyderabad

Temple’s Gross Donations Cannot Be Taxed Without Expenses: ITAT Hyderabad

60% Tax Under Section 115BBE Applies from AY 2018-19: ITAT Ranchi

Meaning of Agricultural Income under Income Tax Act 2025
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.

