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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.

Income TaxRakhi Gifts & Tax Part 2: Non-Relative Gifts May Be Tax-Free
Income Tax

Rakhi Gifts & Tax Part 2: Non-Relative Gifts May Be Tax-Free

Anita Bhadra5 days ago
Income TaxITAT Visakhapatnam Directs 30% Tax Under Section 115BBE for AY 2017-18
Income Tax

ITAT Visakhapatnam Directs 30% Tax Under Section 115BBE for AY 2017-18

CA Vijayakumar Shetty5 days ago
Income TaxThe 6%/8% Myth: Does Low Profit Really Trigger a Tax Audit?
Income Tax

The 6%/8% Myth: Does Low Profit Really Trigger a Tax Audit?

Bharat Bhuwania5 days ago
Income TaxITAT Holds 30% Tax Rate Applies Under Section 115BBE for AY 2017-18
Income Tax

ITAT Holds 30% Tax Rate Applies Under Section 115BBE for AY 2017-18

CA Vijayakumar Shetty5 days ago
Income TaxBSNL VRS-2019 Compensation Exempt Under Section 10(10B): ITAT Visakhapatnam
Income Tax

BSNL VRS-2019 Compensation Exempt Under Section 10(10B): ITAT Visakhapatnam

CA Vijayakumar Shetty5 days ago
Income TaxIt Is Advisable to File Return of Income If There Is No Taxable Income
Income Tax

It Is Advisable to File Return of Income If There Is No Taxable Income

CA AJIT SHAH5 days ago
Income TaxDelhi HC Stays Reassessment Over ₹443.26 Cr Goodwill Depreciation, GST Transactions
Income Tax

Delhi HC Stays Reassessment Over ₹443.26 Cr Goodwill Depreciation, GST Transactions

CA Sandeep Kanoi5 days ago
Income TaxCapital Loss on Physical Share Sale Allowed Where Revenue Fails to Prove Sham Transaction: Delhi ITAT
Income Tax

Capital Loss on Physical Share Sale Allowed Where Revenue Fails to Prove Sham Transaction: Delhi ITAT

CA Sandeep Kanoi5 days ago
Income TaxITAT Mumbai Restores Deceased Assessee’s Reassessment Appeal for Jurisdictional Adjudication
Income Tax

ITAT Mumbai Restores Deceased Assessee’s Reassessment Appeal for Jurisdictional Adjudication

CA Sandeep Kanoi5 days ago
Income TaxBank Cannot Create Lien for Section 194N TDS: Karnataka HC
Income Tax

Bank Cannot Create Lien for Section 194N TDS: Karnataka HC

CA Sandeep Kanoi5 days ago
Income TaxDelhi HC Examines Tribunal’s Section 153C Annulment Without Cross-Appeal
Income Tax

Delhi HC Examines Tribunal’s Section 153C Annulment Without Cross-Appeal

CA Sandeep Kanoi5 days ago
Income TaxGujarat HC Quashes Reassessment of Trust Where 85% Application Was Met
Income Tax

Gujarat HC Quashes Reassessment of Trust Where 85% Application Was Met

CA Sandeep Kanoi5 days ago
Income TaxDelhi HC Dismisses Section 69 Appeal Where No Unexplained Investment Found
Income Tax

Delhi HC Dismisses Section 69 Appeal Where No Unexplained Investment Found

CA Sandeep Kanoi5 days ago
Income TaxDelhi HC Directs AO to Explain Four-Year Income Tax Refund Delay
Income Tax

Delhi HC Directs AO to Explain Four-Year Income Tax Refund Delay

CA Sandeep Kanoi5 days ago

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.