Income Tax
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Income Tax Reopening Sustained as Assessee Was Alleged Beneficiary of Accommodation Entries
Reassessment Notice Upheld as Information on Shell Companies Constituted Tangible Material
Delhi HC Allows Reassessment as DRI Information on Alleged Bogus Purchases Constituted Tangible Material
Home Loan: Boon or Burden under New Income Tax, 2025
US vs India Corporate Tax: The Compliance Gap MNCs Underestimate
CBDT Directs Uniform Application of Sections 68 to 69D as C&AG Flags Tax Assessment Errors
Genuine Educational Activities Prevail Over Alleged Irregularities: Delhi ITAT Restores Trust Registration
Leave Encashment Disallowance Set Aside as Revised ₹25 Lakh Limit Was Recognized
Appeal Succeeds as Beneficial CBDT Notification Applied to Leave Encashment Claim
Leave Encashment Addition Deleted as ITAT Applied Revised CBDT Exemption Limit
Leave Encashment Exemption Dispute Remanded as CIT(A) Must Reconsider Claim Afresh
Retired Bank Employee Gets Relief as Leave Encashment Was Within Revised ₹25 Lakh Limit
Leave Encashment Addition Deleted as CBDT Increased Exemption Ceiling to ₹25 Lakh
Full Section 10(10AA) Benefit Granted as Leave Encashment Was Below ₹25 Lakh Threshold
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.
