Income Tax
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ITAT Pune: No Section 56(2)(vii)(b) on Agricultural Land Held as Stock-in-Trade
Bombay HC Quashes Reassessment Notice Issued Beyond 3 Years Without PCCIT Sanction
ITAT Sets Aside Section 263 Revision on Revenue Recognition & TDR Expenses
ITAT Upholds Section 263 Revision for Section 43B & Section 40A(3) Inquiry Failures
ITAT Delhi Remands Section 80G Approval Rejected for Wrong Form Clause
CBDT Notifies District Legal Services Authority Charkhi Dadri Under Section 11 of Income-tax Act, 2025
CBDT Notifies District Legal Services Authority Charkhi Dadri Under Section 10(46)
CBDT Notifies HSBTE for Section 10(46) Income Tax Exemption
ITAT Deletes Section 69B Addition for Alleged On-Money Payment Without Corroboration
No Section 69C Addition for Alleged Bogus Purchases Without Evidence: ITAT Mumbai
Section 263 Limitation Runs from Original Assessment for Unrelated Reassessment Issues: Delhi HC
Section 263 Limitation Runs from Original Assessment for Unrelated Reassessment Issues: SC
ITAT Deletes Section 69A Addition on Explained Demonetisation Cash Deposits
ITAT Deletes Demonetisation Cash Deposit Addition Based on Widow’s Lifelong Savings
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.
