Income Tax
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No Automatic Addition Based on Form 26AS Mismatch if No Matching Bank Credits
Income Tax Prosecution Quashed as Officer Lacked Jurisdiction to File Complaint: Madras HC
Ex Parte Assessment on Bitcoin Transactions Sent Back for Fresh Hearing: ITAT Delhi
ITAT Slams ₹120 Crore Section 68 Addition on Fintech Giant: AO Cannot Ignore Evidence & Make Mechanical Additions
No Incriminating Material, No 153A Addition: ITAT Bangalore Deletes Massive Additions in JDA Search Case
ITAT Kolkata Allows Foreign Tax Credit as Delay in Filing Form 67 Is Procedural
CBDT Clarifies Safe Harbour Rules for Rough Diamond Sales in Special Notified Zones
CBDT Grants Section 35 Approval to Shree Hari Arogyam Foundation
Income Tax Slab for FY 2025-26: A Complete Comparison of Old vs New Tax regime
Mere WhatsApp Messages & Mobile Data Cannot Alone Justify Tax Additions
ITAT Upholds Section 12AB Rejection as Trust Deed Allowed Benefits Outside India
Delhi HC Allows Inspection of Foreign Tax Documents as Fair Cross-Examination Rights Must Be Protected
ITAT Delhi Deletes Section 69A Addition as Sales Were Recorded in Books
ITAT Allows Carry Forward of LTCG Loss as Section 54F Exemption Must Be Applied First
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.
