Income Tax
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Mumbai ITAT Deletes Section 270A Penalty on Section 11(6) Depreciation Disallowance
Pune ITAT: Non-Taxable Receipt Mistakenly Offered in ITR Cannot Be Taxed; Goetze Does Not Bar Relief
Pune ITAT: Income Already Taxed Cannot Be Added Again as Unexplained Money
Pune ITAT: Cash Deposits Taxation Reduced by ₹5 Lakh; Peak-Credit Theory Rejected
Pune ITAT: Lift Cost of Real-Estate Project Not Disallowed as Prior-Period Expense
Salary Structure Under New Wage Codes & Income Tax Act 2025
Form 10 Delay Condoned for First-Time E-Filing Oversights: Gujarat HC
Delhi HC Stays Section 148 Reassessment Over Non-Supply of Material Relied Upon
Non-Service of Hearing Notice Caused Manifest Failure of Justice: Delhi HC
Notional Interest Addition Deleted for Non-Recovery From Financially Distressed Debtors: Gujarat HC
Calcutta HC Rejects Revenue Appeal Where Tax Effect Was Below ₹2 Crore
Madras HC Upholds Section 148 Reassessment as Within Limitation for AY 2015-16
Section 148 Notice Issued Beyond Surviving Limitation Quashed: Gujarat HC
DRP Objections Must Be Filed Before Both DRP and AO Under Section 144C: Allahabad 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.
