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Income Tax

Get all latest income tax news, act, article, notification, circulars, instructions, slab on Taxguru.in. Check out excel calculators budget 2017 ITR, black money, tax saving tips, deductions, tax audit on income tax.

Income TaxGoogle Map Confirms Agricultural Land; Addition Deleted for Natural Justice Violation
Income Tax

Google Map Confirms Agricultural Land; Addition Deleted for Natural Justice Violation

CA Sandeep Kanoi7 months ago
Income TaxDraft Income-tax Rules 2026
Income Tax

Draft Income-tax Rules 2026

Editor27 months ago
Income TaxSection 54EC: Law, Amendments, Judicial View and Practical Application
Income Tax

Section 54EC: Law, Amendments, Judicial View and Practical Application

Mayank Jain7 months ago
Income TaxPayments to Consultant Doctors Are Professional Fees, Not Salary — No TDS Default U/s 201
Income Tax

Payments to Consultant Doctors Are Professional Fees, Not Salary — No TDS Default U/s 201

CA Vijayakumar Shetty7 months ago
Income TaxCryptocurrency Taxation in India: Capital Gains, Business Income or a Special Regime?
Income Tax

Cryptocurrency Taxation in India: Capital Gains, Business Income or a Special Regime?

TG Team7 months ago
Income TaxCash Deposits Explained by Withdrawals & Opening Balance – Section 69A Addition Quashed
Income Tax

Cash Deposits Explained by Withdrawals & Opening Balance – Section 69A Addition Quashed

CA Vijayakumar Shetty7 months ago
Income TaxFMV of Shares Must Follow Rule 11UA — Ad-hoc Mark-Up of Assets Not Permissible u/s 56(2)(iia)
Income Tax

FMV of Shares Must Follow Rule 11UA — Ad-hoc Mark-Up of Assets Not Permissible u/s 56(2)(iia)

CA Vijayakumar Shetty7 months ago
Income TaxApproved Isn’t Approval – Mechanical Section U/s 151 Kills Reopening at Birth
Income Tax

Approved Isn’t Approval – Mechanical Section U/s 151 Kills Reopening at Birth

CA Vijayakumar Shetty7 months ago
Income TaxRegistration U/s 12AB Cannot Be Denied by Sitting in Judgment Over Financial Prudence — ITAT Delhi Restores U/s 12AB Registration
Income Tax

Registration U/s 12AB Cannot Be Denied by Sitting in Judgment Over Financial Prudence — ITAT Delhi Restores U/s 12AB Registration

CA Vijayakumar Shetty7 months ago
Income TaxDeeming fiction of section 50C not extended while working WDV to claim depreciation on block of asset
Income Tax

Deeming fiction of section 50C not extended while working WDV to claim depreciation on block of asset

POONAM GANDHI7 months ago
Income TaxProperty Received Under Family Settlement Not Taxable u/s 56(2) — Gift Deed Only a Formal Consequence
Income Tax

Property Received Under Family Settlement Not Taxable u/s 56(2) — Gift Deed Only a Formal Consequence

CA Vijayakumar Shetty7 months ago
Income TaxSection 144 Assessment Upheld, Cash Addition Slashed Section 115BBE Disallowed – Partial Relief to Transporter
Income Tax

Section 144 Assessment Upheld, Cash Addition Slashed Section 115BBE Disallowed – Partial Relief to Transporter

CA Vijayakumar Shetty7 months ago
Income TaxAd-Hoc percentage basis Addition on Sundry Creditors Is Illegal – 41(1) Can’t Run on Presumptions
Income Tax

Ad-Hoc percentage basis Addition on Sundry Creditors Is Illegal – 41(1) Can’t Run on Presumptions

CA Vijayakumar Shetty7 months ago
Income TaxControlled Cant Benchmark Controlled – Pro-Rata Commission TP Struck Down
Income Tax

Controlled Cant Benchmark Controlled – Pro-Rata Commission TP Struck Down

CA Vijayakumar Shetty7 months ago

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.