Income Tax
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FADS 2026: A Practical Guide to Disclosing Unreported Foreign Assets and Income
Withdrawn Donation Claim Cannot Justify 200% Penalty u/s 270A: ITAT Ahmedabad
Reopening on “Cash Loan”, Addition for “Bogus LTCG” – Ahmedabad ITAT Quashes Reassessment U/s 147
Penalty u/s 270A Invalid Where Donation Claim Withdrawn and Tax Paid
Same Product Does Not Bar 80-IA/80-IB Deduction for New Unit: Delhi ITAT
ITAT Mumbai Restores 12AB Registration, Rejects Commerciality & Foreign Expenditure Grounds
₹37.74 Lakh Motor Accident Compensation Upheld; No Tax Deduction Below ₹5 Lakh: Chhattisgarh HC
Functionally Dissimilar BPO Comparables Excluded; Section 10A Relief Upheld: ITAT Delhi
ITAT Mumbai Remands 12AB Cancellation for Clear Specified Violation Charges
ITAT Bangalore Excludes Functionally Dissimilar and High-Turnover Comparables
Pre-29 March 2022 Faceless Reassessment Without Jurisdiction: ITAT Mumbai
ITAT Mumbai Deletes Management Fee TP Adjustment Applying Consistency in Earlier Years
NRE Transfers Through Banking Channels Do Not Sustain Section 69 Addition: Gujarat HC
ITAT Jodhpur Sets Aside 12AB and 80G Rejection of Charitable Eye-Camp Trust
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.
