Income Tax
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Assessment issues cannot justify 12A Registration Cancellation: Cochin ITAT
Unutilised Surplus of statutory body not taxable once covered u/s 10(46)
ITAT Remands ₹4.10 Cr Commission Income Dispute for Fresh Assessment
Bad Debt Relief Under 36(1)(vii) Possible Despite 36(1)(viia) Disallowance: ITAT Cochin
No prosecution u/s 276CC without Wilful Default- Acquittal upheld: Delhi HC
ITAT Hyderabad Quashes Reopening: No Second Bite on Gift Addition – Change of Opinion Not Allowed
Delhi HC Upholds Prosecution in ₹700 Cr Accommodation Entry Case
New Income Tax Bill, 2025 and comparison of Old vs New
No addition as LTCG arose from valid demerger-allotted shares transaction proving genuineness of documentary evidence
Future Annuity benefits not taxable until received: ITAT Ahmedabad
Expenses to Make Property Habitable Allowable as Capital Gain Deduction
ITR-3: Reporting F&O Losses With Successful Validation
Revenue Appeal Not Maintainable After Section 153C Notice Issued to Assessee
Mergers and Acquisitions in India: Analysis
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.
