Income Tax
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ITR Filing Deadline: Six Checks Before 31 August 2026 for AY 2026-27
ITAT Kolkata Quashes Reassessment Where Recorded Reopening Reason Did Not Lead to Addition
Karnataka HC Condones Delay u/s 249(3) Due to CA’s Family Cancer Crisis
ITAT Pune Deletes Section 69 Addition Based on Uncertified WhatsApp Chats
ITAT Ahmedabad Deletes Section 40(a)(i) Disallowance on Foreign Commission
ITAT Ahmedabad Allows Foreign Tax Credit Despite Delayed Form 67 Filing
ITAT Delhi Allows Section 115BAC Benefit Despite Belated Income Tax Return
One Flat, Two Owners, One Inflated Addition: ITAT Sends Section 56(2)(x) Valuation to DVO
VRS Was the Exit, Not the Tax Trap: Bangalore ITAT Opens Full Exemption Door u/s 10(10B)
Copyright Clock Ran Out: Time-Barred Revision u/s 263 Fails Against Non-Royalty Assessment
Souharda by Name, Co-operative by Law: ITAT Restores Full Deduction u/s 80P(2)(a)(i)
Karnataka HC Holds Standard Software Payments Not Royalty u/s 9(1)(vi), No TDS
Revision Survives, Cash Addition Doesn’t: ITAT Orders a Clean Recount u/s 144 Read With 263
Section 271DA Penalties Time-Barred Under Section 275(1)(c): Karnataka HC
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.
