Income Tax
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Extend due dates for filing of ITR and Audit Reports for AY 2025-26: BCAS
ITAT Kolkata Dismisses Appeal as Infructuous After 12AB Registration Granted
Employee Cannot Be Taxed for Employer’s Funds – ITAT Remands 69A Addition
Tax Invoice Under Section 31 of GST Act, 2017
New Income Tax Thresholds Limits on Perquisites for Salaried Employees
MLI provisions unenforceable sans separate notification: ITAT Mumbai
Settled Issues Stay Settled- Covered Issues Cannot Be Reopened: Delhi HC
Dumb Documents Cannot Tax Real Estate Deal: ITAT Deletes Addition
20% Pre-Deposit Not Mandatory – Stay Orders Must Be Judicious: Madras HC
TP: Functionally Dissimilar Comparables Excluded, Working Capital Adjustment Must
ITAT Bangalore Restores Rotary Trust’s Section 80G – Natural Justice Breach
Natural Justice Violated – ITAT Bangalore Restores Case on Agricultural Land Sale
Expenses Must Be Proven: ITAT Confirms Disallowance on Estimate Basis
Section 68 Addition Unsustainable When Loan Interest Declared in ITR
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.
