Income Tax
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Adjustment u/s. 11(3) as deemed income unsustainable as accumulated funds utilized within stipulated time
Negligence of accountant not sufficient cause for condoning delay of 477 days: ITAT Ahmedabad
Amounts declared under PMGKY scheme cannot be taxed again u/s. 69A
Notice u/s. 148A(d) issued beyond time prescribed u/s. 149(1)(a) is untenable-in-law
Section 12A Renewal Clock: Procedures to Halt & Restart Due Date Countdown
CBDT Rollbacks Higher TDS/TCS Rates for Inoperative PANs—Relief on Aadhaar Linkage!!
Section 80P Deduction to Coop Society Allowed on Coop Bank Interest, Not on Nationalized Bank: ITAT Mumbai
Schedule FA & FSI: Reporting Foreign Income and Assets on Income Tax Portal
Key Changes in Forms 3CB and 3CD for AY 2025-2026
Section 271B Income Tax Penalty Rationalisation & proposed Clause 446 of Income Tax Bill, 2025
Income-Tax Bill 2025: Tax Audit Restricted to Chartered Accountants – Accountant Definition Unchanged
Download Report of Select Committee on Income-Tax Bill, 2025
Reassessment – Rajeev Bansal’s case Impact Analysis – Approving Authority
Assessment not challenged, yet revision quashed for invalid scrutiny notice: ITAT Kolkata
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.
