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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 TaxThird-Party Survey Alone Can’t Justify ₹17.50 Lakh Addition
Income Tax

Third-Party Survey Alone Can’t Justify ₹17.50 Lakh Addition

CA Vijayakumar Shetty8 months ago
Income TaxCash Deposits Added as Unexplained Income Because Sales Bills Were Not Examined
Income Tax

Cash Deposits Added as Unexplained Income Because Sales Bills Were Not Examined

CA Sandeep Kanoi8 months ago
Income TaxSettlement Commission not empowered to change head of income
Income Tax

Settlement Commission not empowered to change head of income

POONAM GANDHI8 months ago
Income TaxNo Proof of On-Money, ₹1.52 Cr Buyer Addition Deleted
Income Tax

No Proof of On-Money, ₹1.52 Cr Buyer Addition Deleted

CA Vijayakumar Shetty8 months ago
Income TaxNo Lack of Enquiry in Loan Verification, PCIT Revision Fails
Income Tax

No Lack of Enquiry in Loan Verification, PCIT Revision Fails

CA Vijayakumar Shetty8 months ago
Income TaxNo Incriminating Material, Section 263 Cannot Override 153A Order
Income Tax

No Incriminating Material, Section 263 Cannot Override 153A Order

CA Vijayakumar Shetty8 months ago
Income TaxLLP Cleared of Section 68 Additions Due to Proven Partner Funds
Income Tax

LLP Cleared of Section 68 Additions Due to Proven Partner Funds

CA Vijayakumar Shetty8 months ago
Income TaxPost-2022 Reassessment Fails for Ignoring Faceless Procedure
Income Tax

Post-2022 Reassessment Fails for Ignoring Faceless Procedure

CA Vijayakumar Shetty8 months ago
Income TaxSection 11 Exemption Allowed Because Late Form 10B Is Procedural
Income Tax

Section 11 Exemption Allowed Because Late Form 10B Is Procedural

CA Vijayakumar Shetty8 months ago
Income TaxIncome Tax Act 2025: Shift from Assessment Year to Tax Year
Income Tax

Income Tax Act 2025: Shift from Assessment Year to Tax Year

CA PRABHAKAR GUPTA - Indian Tax Update8 months ago
Income TaxDirector’s Residence Funded by Company: Smart Tax Planning or a Red Flag?
Income Tax

Director’s Residence Funded by Company: Smart Tax Planning or a Red Flag?

CA Rahul Dwivedi8 months ago
Income TaxITAT Pune Condoned 3134-Day Delay as Assessment Order Was Never Served
Income Tax

ITAT Pune Condoned 3134-Day Delay as Assessment Order Was Never Served

CA Sayyad Sadak8 months ago
Income TaxITAT Visakhapatnam Allowed Appeal as Revised Return Filed Fraudulently Without Consent
Income Tax

ITAT Visakhapatnam Allowed Appeal as Revised Return Filed Fraudulently Without Consent

CA Sayyad Sadak8 months ago
Income TaxCapital Gains on ESOP Shares: Cost of Acquisition & Perquisite vs Capital Gains  
Income Tax

Capital Gains on ESOP Shares: Cost of Acquisition & Perquisite vs Capital Gains  

Mayank Panchpute8 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.