Income Tax
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TOLA provisions cannot rescue assessment orders barred by limitation: ITAT Chennai
New Income Tax Act 2025 Highlights, PDF, Slab Rates & Provisions
Employees’ PF & ESI: ITAT Delhi Splits Treatment Before & After SC’s Checkmate Ruling
ITR Utility Glitch: Capital Gains Reporting Problem with Negative Values
Cash Sales Addition During Demonetization Deleted as Assumption-Based
ITAT Delhi Deletes Additions on Unsecured loans from sister concern & cash deposits
Interest & Penalties on Delayed VAT/GST Deductible u/s 37(1) ITAT Mumbai
ITAT Quashes Reassessment for borrowed satisfaction & mechanical approval
ITAT Quashes Reassessment Notice for borrowed belief without tangible material
ITAT Raipur quashed reassessment notice for approval by incorrect authority
ITAT Mumbai quashes reassessment for sanction by wrong authority
ITAT Mumbai Quashes Reassessment Notice for Sanction by wrong authority
Bombay HC Quashes Reassessment Due to Invalid Sanction by lower authority
Section 54F Deduction Allowed if net consideration Utilised by Due Date u/s 139(4)
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.
