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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 TaxITAT Chennai Restricts Ad Hoc Expense Disallowance to 5% for Petrol Dealer
Income Tax

ITAT Chennai Restricts Ad Hoc Expense Disallowance to 5% for Petrol Dealer

CA Vijayakumar Shetty1 week ago
Income TaxCommon Income Tax Return  (ITR) Filing Mistakes Taxpayers Should Avoid
Income Tax

Common Income Tax Return (ITR) Filing Mistakes Taxpayers Should Avoid

Compliance Calendar LLP1 week ago
Income TaxAre Raksha Bandhan Gifts Received by a Sister Taxable?
Income Tax

Are Raksha Bandhan Gifts Received by a Sister Taxable?

Umesh Sharma1 week ago
Income TaxITAT Chennai Allows 50% Professional Income Claim Under Section 44ADA
Income Tax

ITAT Chennai Allows 50% Professional Income Claim Under Section 44ADA

CA Vijayakumar Shetty1 week ago
Income TaxITAT Chennai Restores 12AB Renewal Application for Fresh Merits Review
Income Tax

ITAT Chennai Restores 12AB Renewal Application for Fresh Merits Review

CA Vijayakumar Shetty1 week ago
Income TaxITAT Chennai Quashes AY 2015-16 Reassessment as Time-Barred
Income Tax

ITAT Chennai Quashes AY 2015-16 Reassessment as Time-Barred

CA Vijayakumar Shetty1 week ago
Income Tax₹8 Lakh Foreign Freelancer Payment: TDS & 15CA/15CB
Income Tax

₹8 Lakh Foreign Freelancer Payment: TDS & 15CA/15CB

Sonia Dawar1 week ago
Income TaxI’m Moving to Dubai in October. Will India Still Tax My Tax-Free UAE Salary?
Income Tax

I’m Moving to Dubai in October. Will India Still Tax My Tax-Free UAE Salary?

Sonia Dawar1 week ago
Income TaxChennai ITAT: Advance AMC Receipts Taxable Over Service Period Under Section 43CB; ₹7.65 Crore Additions Deleted
Income Tax

Chennai ITAT: Advance AMC Receipts Taxable Over Service Period Under Section 43CB; ₹7.65 Crore Additions Deleted

CA Vijayakumar Shetty1 week ago
Income TaxITAT Chennai Condones 785-Day Delay and Restores Assessment for Fresh Adjudication
Income Tax

ITAT Chennai Condones 785-Day Delay and Restores Assessment for Fresh Adjudication

CA Vijayakumar Shetty1 week ago
Income TaxITAT Dismisses Revenue Appeals, Upholds Cash Deposit Addition Deletion & Penalty Relief
Income Tax

ITAT Dismisses Revenue Appeals, Upholds Cash Deposit Addition Deletion & Penalty Relief

CA Vijayakumar Shetty1 week ago
Income TaxITAT Restores Section 69A Addition for Fresh Adjudication After Company Confirmation
Income Tax

ITAT Restores Section 69A Addition for Fresh Adjudication After Company Confirmation

CA Vijayakumar Shetty1 week ago
Income TaxHyderabad ITAT: CIT(A) Cannot Ignore Submissions Filed During Physical Hearings
Income Tax

Hyderabad ITAT: CIT(A) Cannot Ignore Submissions Filed During Physical Hearings

CA Vijayakumar Shetty1 week ago
Income TaxITAT Deletes ₹2.38 Crore Section 68 Addition, Upholds PF/ESI Disallowance
Income Tax

ITAT Deletes ₹2.38 Crore Section 68 Addition, Upholds PF/ESI Disallowance

CA Vijayakumar Shetty1 week 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.