Income Tax
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ITAT Bangalore Remands Section 69A Addition for Verification of Liquor Business Receipts
Stockist/Dealer Discounts Are Not Commission Under Section 194H: ITAT Mumbai
Trade Discounts to Dealers Not Liable for TDS Under Section 194H: ITAT Mumbai
Overseas and Domestic Comparables Can Be Used Under CUP: ITAT Mumbai
Bombay HC Upholds Deletion of Section 68 Addition as Creditworthiness Was Established
ITAT Chennai Excludes Goodwill Amortization from Operating Cost in TP Case
Mumbai ITAT: Builder’s Statement Alone Cannot Justify On-Money Addition
Chennai ITAT: Loose Diary Entries Cannot Justify Additions Without Corroboration
Bombay HC Upholds ITAT Order Quashing Reassessment for Lack of Independent Reasons to Believe
Mumbai ITAT: Sole Executor Entitled to Individual Slab Rates, Not Maximum Marginal Rate
ITAT Ahmedabad Allows Depreciation on Slump Sale Intangibles, Deletes Interest Disallowance
CBDT Notifies Odisha Joint Entrance Examination Committee Under Section 11 of Income-tax Act, 2025
CBDT Notifies Odisha Joint Entrance Examination Committee Under Section 10(46) for AY 2026–27
CBDT Notifies Noida SEZ Authority Under Section 11 of Income-tax Act, 2025
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.
