Income Tax
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Madras HC Sets Aside Faceless Assessments as SCNs & Draft Orders Were Not Issued
Calcutta HC Upholds Income Tax Additions as Assessee Failed to Explain Excess Stock & Unrecorded Transactions
ITAT Deletes Sections 270A & 271AAB Penalty as Notice Lacked Specific Charge
ITAT Condones 178-Day Delay in 80G Application Due to Bona Fide Belief, Orders Fresh Review
ITAT: Procedural Delay Should Not Defeat 80G Registration; Trust May Seek CBDT Condonation
Employee Secondment Reimbursements Taxable as FTS as’Make Available’ Test Was Satisfied: Delhi HC
Complete TDS Rate Chart for AY 2026-27 After Finance Act 2026
MMR Cannot Be Applied Through Rectification as Issue Required Detailed Examination
Income Tax Rate Chart for AY 2026-27 After Finance Act 2026
Rates of Depreciation as Per Income Tax Act, 1961
Income Tax Benefits for Individuals & HUFs for A.Y. 2026-27 (FY 2025-26)
Gujarat HC Quashes Section 148 Notice as Adjournment Request Was Ignored
New Tax Regime Benefit Allowed as Form 10IE Once Filed Continues for Subsequent Years
Site Restoration Deduction Allowed due to PSC contractual obligation
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.
