Income Tax
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Reassessment Quashed as Limitation Ran From Original Assessment, Not Revision
Madras HC Quashed Reassessment for Limitation Breach Despite Software Depreciation Dispute
Section 80G Recognition Denied as Trust Operated Hospital on Revenue-Sharing Model
Reassessment for A.Y. 2015–16 After 1 April 2021 Void: Bombay HC
Section 21 Notice Only Fixes Limitation, Not Arbitral Jurisdiction: SC
Conviction of Tax Assistant Sustained for Bribe for Processing Income Tax Refund
Income Tax Department Prepares for New Law from 1st April 2026
TDS credit reflected in 26AS cannot be denied for procedural lapse: ITAT Mumbai
Section 80GGC Deduction Denied for Alleged Accommodation Entries Without Evidence
Deletion of Protective Income Tax Addition Based on Error Set Aside
Income Tax Exemption Approved for UP Industrial Authority with Conditions
Kota Development Authority Notified for Section 10(46) Income Tax Exemption
Income Tax Penalty Revision Barred After Amnesty Grant for Finality of Disputes: Rajasthan HC
On-Money Gross Receipts Not Taxable, Only Profit Can Be Assessed
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.
