Income Tax
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ITR-5 Form for AY 2025-26: Key Changes, Rules and Filing Guide

Section 206C: Amendment in Interest rate for late payment of TCS

Taxation Laws (Amendment) Bill, 2025 introduced in Lok Sabha

Missing DIN: Bombay HC Orders Fresh ITAT Hearing in 16 Income Tax Appeals

Bombay HC Condones Tax Return Delay Due to Illness Condoned for 80IBA Claim

Unsigned Sanction Invalidates Reassessment; Profit Element Taxable on Unaccounted Sales

ITAT Ahmedabad Pulls Up CIT(A) for Ignoring Remand Directions in Bogus Purchase Case

No Section 263 Revision based on Reassessment Order Sanctioned by Wrong Authority

Land purchase through partners’ capital contributions – ITAT Deletes Addition

ITAT Sets Aside CIT(A) Order for Deciding Unrelated Issues instead of contested additions

Failure to seek DVO Report vitiates 50C addition- ITAT Remands Case to AO

HC Disallows Deduction of Additional Sugarcane Price in Section 32AB Calculations

ITAT Chennai Rules Form 67 Timeline Directory, Grants FTC Despite Delay

PMLA and Income Tax Raids: Legal Rights of Accused
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.

