Follow Us :

Income Tax

Get all latest income tax news, act, article, notification, circulars, instructions, slab on Taxguru.in. Check out excel calculators budget 2017 ITR, black money, tax saving tips, deductions, tax audit on income tax.

Latest Articles


Significant Economic Presence

Income Tax : Learn about Significant Economic Presence (SEP) under the Income Tax Act, 1961, its applicability, impact on non-residents, and re...

May 4, 2024 225 Views 0 comment Print

Old vs. New Tax Regime: Filing Income Tax Return & Form 10-IEA

Income Tax : Article explains differences between old and new tax regimes, filing income tax returns, and Form 10-IEA, Difference Between Incom...

May 4, 2024 5340 Views 1 comment Print

Form 10F: Applicability, Requirement & Filing Process

Income Tax : Article explains about Form 10F, its importance, requirements, and step-by-step process to obtain and file it online for tax relie...

May 4, 2024 915 Views 0 comment Print

FAQ’s generally asked while Filing Income Tax Return

Income Tax : Get answers to common FAQs about filing Income Tax Returns, from TCS refunds on car purchases to HRA exemptions and disclosing sto...

May 3, 2024 2058 Views 0 comment Print

Claiming Foreign Tax Credit (FTC) in Indian Tax Return through Form 67

Income Tax : Understand how to claim Foreign Tax Credit in India through Form 67. Learn the criteria, due dates, steps, and essential tips for ...

May 3, 2024 471 Views 0 comment Print


Latest News


CBI Arrests Mumbai Income Tax Officer for Bribery, Rs. 4 Lakh Seized

Income Tax : CBI) made a significant arrest today in Mumbai, apprehending an Income Tax Officer caught red-handed accepting a bribe of Rs. 4.00...

May 4, 2024 885 Views 0 comment Print

Live Course on Section 43B(h) by CA Manoj Lamba

Income Tax : Live Webinar with Book on Section 43B(h) (Financial Fitness) on 10th May 2024, 6:00 pm to 8:00 pm. CA Manoj Lamba will break down ...

May 2, 2024 5769 Views 1 comment Print

Draft Guidance Note on Income-tax Audit Reports under Section 12A/10(23C)

Income Tax : Engage in shaping tax audit guidelines! Direct Taxes Committee invites public comments on the Exposure Draft for Guidance Note on ...

April 29, 2024 1083 Views 0 comment Print

CBDT Circular No. 6/2024: Relief Measure for Inoperative PAN

Income Tax : CBDT Circular No. 6/2024 offers relief for Inoperative PANs. No tax liability for deductors/collectors if PAN becomes operative by...

April 29, 2024 5190 Views 2 comments Print

Relief to Taxpayers from Tax Demand raised due to Inoperative PAN, Date Extended till 31.05.2024

Income Tax : CBDT Circular No. 6/2024 extends relief to taxpayers from tax demands arising from inoperative PANs. Learn about the conditions an...

April 25, 2024 5379 Views 2 comments Print


Latest Judiciary


High Court Quashes Invalid Notice & Order: AO Lacks Jurisdiction

Income Tax : In Nimir Kishore Mehta Vs ACIT, Bombay High Court invalidates notice & order under Section 148A(b), ruling AO lacked jurisdiction....

May 4, 2024 57 Views 0 comment Print

‘Transit Rent’ not liable to tax so no TDS deductible on it under Section 194I

Income Tax : Explore implications of Bombay High Court's ruling on TDS deduction under Section 194I for 'Transit Rent'. Get insights into judgm...

May 4, 2024 54 Views 0 comment Print

Analysis of Hexaware Technologies Limited Vs ACIT: Bombay High Court Ruling

Income Tax : Hexaware Technologies Limited Vs ACIT (Bombay High Court) The case of Hexaware Technologies Limited Vs ACIT, heard in the Bombay H...

May 4, 2024 54 Views 0 comment Print

Section 148 Notice Invalid; Should Have Followed Faceless Regime: Section 151A

Income Tax : Detailed analysis of Bombay High Court's ruling on Hexaware Technologies Ltd vs ACIT. Invalid notice under Section 148 scrutinized...

May 3, 2024 1158 Views 0 comment Print

Section 80IAB Deduction Admissible on Enhanced Profits from Disallowance

Income Tax : Understand the significance of deductions under Chapter-VIA of the Income Tax Act in the case of Jubilant Infrastructure Ltd. Vs A...

May 3, 2024 120 Views 0 comment Print


Latest Notifications


CBDT Extends Due Dates: Form No. 10A/10AB Filing upto 30th June, 2024

Income Tax : Get insights on Circular No. 7/2024 issued by CBDT, extending due dates for filing Form No. 10A/10AB under the Income-tax Act, 196...

April 25, 2024 21741 Views 0 comment Print

Section 10(46) Notification: Kerala Autorickshaw Workers Welfare Fund Scheme

Income Tax : Explore Notification No. 41/2024-Income Tax regarding Kerala Autorickshaw Welfare Fund Scheme, Kollam. Analysis, impact, and impli...

April 25, 2024 213 Views 0 comment Print

CBDT Circular No. 6/2024: Relief for TDS Deductors on PAN-Aadhar Linkage

Income Tax : Learn about CBDT Circular No. 6/2024 offering relief to TDS deductors for transactions up to March 31, 2024, when PAN becomes oper...

April 23, 2024 44601 Views 2 comments Print

Notification under Section 80G(2)(b) for Shree Ramanuj Kot Trust Indore

Income Tax : Explore the notification under section 80G(2)(b) of the Income Tax Act 1961 for Shree Ramanuj Kot Trust in Indore. Details of vali...

April 23, 2024 324 Views 0 comment Print

Notification No. 39/2024-Income Tax, Dated: 22.04.2024

Income Tax : Discover the significant amendments in Income Tax regulations by the Ministry of Finance, Department of Revenue, Central Board of ...

April 22, 2024 36897 Views 0 comment Print


Latest Posts in Income Tax

High Court Quashes Invalid Notice & Order: AO Lacks Jurisdiction

May 4, 2024 57 Views 0 comment Print

In Nimir Kishore Mehta Vs ACIT, Bombay High Court invalidates notice & order under Section 148A(b), ruling AO lacked jurisdiction. Details & analysis here.

‘Transit Rent’ not liable to tax so no TDS deductible on it under Section 194I

May 4, 2024 54 Views 0 comment Print

Explore implications of Bombay High Court’s ruling on TDS deduction under Section 194I for ‘Transit Rent’. Get insights into judgment of Sarfaraz S. Furniturewalla Vs Afshan Sharfali Ashok Kumar & Ors.

Analysis of Hexaware Technologies Limited Vs ACIT: Bombay High Court Ruling

May 4, 2024 54 Views 0 comment Print

Hexaware Technologies Limited Vs ACIT (Bombay High Court) The case of Hexaware Technologies Limited Vs ACIT, heard in the Bombay High Court, addresses significant issues surrounding reassessment proceedings under Section 148A of the Income Tax Act, 1961. This article delves into the key aspects of the case, the court’s findings, and their implications. Detailed Analysis: […]

CBI Arrests Mumbai Income Tax Officer for Bribery, Rs. 4 Lakh Seized

May 4, 2024 885 Views 0 comment Print

CBI) made a significant arrest today in Mumbai, apprehending an Income Tax Officer caught red-handed accepting a bribe of Rs. 4.00 lakh from complainant.

Significant Economic Presence

May 4, 2024 225 Views 0 comment Print

Learn about Significant Economic Presence (SEP) under the Income Tax Act, 1961, its applicability, impact on non-residents, and recent global developments.

Old vs. New Tax Regime: Filing Income Tax Return & Form 10-IEA

May 4, 2024 5340 Views 1 comment Print

Article explains differences between old and new tax regimes, filing income tax returns, and Form 10-IEA, Difference Between Income Tax Rates Under Old and New Tax Regime

Form 10F: Applicability, Requirement & Filing Process

May 4, 2024 915 Views 0 comment Print

Article explains about Form 10F, its importance, requirements, and step-by-step process to obtain and file it online for tax relief & Recent amendments.

Section 148 Notice Invalid; Should Have Followed Faceless Regime: Section 151A

May 3, 2024 1158 Views 0 comment Print

Detailed analysis of Bombay High Court’s ruling on Hexaware Technologies Ltd vs ACIT. Invalid notice under Section 148 scrutinized. Time limitation, violation of CBDT Circular, faceless regime, jurisdictional conditions, change of opinion, and more explored.

Section 80IAB Deduction Admissible on Enhanced Profits from Disallowance

May 3, 2024 120 Views 0 comment Print

Understand the significance of deductions under Chapter-VIA of the Income Tax Act in the case of Jubilant Infrastructure Ltd. Vs ACIT (ITAT Delhi).

FAQ’s generally asked while Filing Income Tax Return

May 3, 2024 2058 Views 0 comment Print

Get answers to common FAQs about filing Income Tax Returns, from TCS refunds on car purchases to HRA exemptions and disclosing stock market gains. Ensure compliance with expert advice.

Search Post by Date
May 2024
MTWTFSS
12345
6789101112
13141516171819
20212223242526
2728293031