Income Tax
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Multiple residential unit construed as single residential house for exemption u/s. 54
ITAT Kolkata Upholds ₹17.10 Cr Penny Stock Addition
Penny Stock Case: Reassessment Notice u/s 148 Issued by JAO Held Invalid
Gifts from Sister & Father-in-Law Accepted: ITAT Deletes Addition
Error by CA in Form 3CB Leads to IGST Addition of ₹37.92 Lakh: ITAT Remands
Non-Speaking Order by CIT(E) Quashed: ITAT Restores Trust’s 12AB Application
ITAT Deletes Additions for Share transactions through stock exchange & banking channels
Reassessment Against Struck-Off Company Void-Ab-Initio: ITAT Ahmedabad
ITAT Amritsar Deletes Penalty on Brick Kiln Firm After Govt Certificates Prove Supplies
ITAT Delhi Quashes Assessment Passed on Non-Existent/Dissolved Company
Revision u/s. 263 justified as AO accepted returned income without complete enquiry
ITAT Ranchi Sends Back Cash Deposit Case; AO to Verify Business Turnover
MCTC Requests ITR & Audit Deadline Extension for AY 2025-26
ITAT Rejects Revenue’s Appeal on Technical Grounds in ₹3.10 Cr Penalty Case
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.
