Income Tax
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Whether TDS payments are more Tedious or Easy under Income Tax Act 2025
AO’s Own Penalty Order Sinks Reassessment: ITAT Holds First Section 147 Order ‘Infructuous’
SEZ Lease Rentals Are Business Income, Not House Property: ITAT Mumbai
Madras HC Allows Time-Share Membership Fees to Be Spread Over Contract Period
No Fresh Share Premium, No Section 68 Addition: ITAT Mumbai
Section 271D Proceedings Cannot Start Without AO Satisfaction: Telangana HC
Section 12A Exemption Cannot Be Denied Due to Wrong Audit Form Filing: Calcutta HC
Calcutta HC Sets Aside Section 154 Order Passed Beyond Limitation Period
Wrong Section Mention Is Curable, But Addition Needs Valid Legal Basis: ITAT Mumbai
Section 69C Addition Deleted as Customs Assessable Value Is Not Proof of Unexplained Expenditure
Important Changes Under Income Tax Act 2025 & 1961: Series II
ITAT Slams Enhancement in Section 264 Proceedings – Past Salary Savings During Demonetisation Accepted
Educational Trust Registration Renewal Cannot Be Denied Over Earlier Allegations
ITAT Slams Ad-Hoc Profit Estimation & Deletes Family Loan Addition u/s 68
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.
