Income Tax
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CBDT Circular Cannot Override Statutory Section 119(2)(b) Power: AP HC
ITAT Chennai Restricts Section 69A Addition to Peak Credit in Undisclosed Bank Accounts
Section 148A(b) Notice Giving Less Than Seven Days Is Invalid: ITAT Bengaluru
ITAT Pune Upholds Section 54F Exemption on House Bought from Spouse
Income-tax Act 2025 Retains Assessment Procedure With Renumbered Sections
SC Upholds Remand for Fresh Reassessment After Disposal of Section 148 Objections
ITAT Bangalore Upholds LTCG on JDA Flats & Deletes Deemed Rent Addition
Guidance Value Preferred Over Construction Cost in JDA Cases: Karnataka HC
Foreign Field Break Salary Not Taxable in India Before 2000 Amendment: SC
ITAT Pune Deletes Section 270A Penalty on Estimated Section 43CA Addition
No Section 69A Addition for Recorded Business Cash Deposits in SBNs: ITAT Raipur
ITAT Raipur Deletes Section 69A Addition on Recorded Demonetisation Cash Deposits
Chhattisgarh HC Condones 161-Day Delay, Restores ITAT Appeal on Merits
Gujarat HC Quashes Time-Barred Section 148 Notices for AYs 2013-14 & 2014-15
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.
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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.
