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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 Chandigarh Deletes ₹24 Lakh Addition on Cash Sales During Demonetisation
Income Tax

ITAT Chandigarh Deletes ₹24 Lakh Addition on Cash Sales During Demonetisation

CA Vijayakumar Shetty12 months ago
Income TaxMere Mention of Caste-Based Objects Not Ground to Deny 12AB Registration: ITAT Ahmedabad
Income Tax

Mere Mention of Caste-Based Objects Not Ground to Deny 12AB Registration: ITAT Ahmedabad

CA Vijayakumar Shetty12 months ago
Income TaxITAT Mumbai Deletes ₹1 Crore Addition on Unsecured Loan from Alleged Hawala Operator
Income Tax

ITAT Mumbai Deletes ₹1 Crore Addition on Unsecured Loan from Alleged Hawala Operator

CA Vijayakumar Shetty12 months ago
Income TaxITAT Hyderabad Deletes ₹38.15 Cr Disallowance on NCWA Education Contributions
Income Tax

ITAT Hyderabad Deletes ₹38.15 Cr Disallowance on NCWA Education Contributions

CA Vijayakumar Shetty12 months ago
Income TaxITAT Jaipur Deletes ₹6.26 Cr. Addition u/s 68 on Sub-Contract Receipts – Double Taxation Avoided
Income Tax

ITAT Jaipur Deletes ₹6.26 Cr. Addition u/s 68 on Sub-Contract Receipts – Double Taxation Avoided

CA Vijayakumar Shetty12 months ago
Income TaxITAT Upholds Section 263 Revision as AO not verified 99% Subcontracting Expenses
Income Tax

ITAT Upholds Section 263 Revision as AO not verified 99% Subcontracting Expenses

CA Vijayakumar Shetty12 months ago
Income TaxSection 68 not applies Where Cash Deposits Traceable to Agricultural Loan & Income
Income Tax

Section 68 not applies Where Cash Deposits Traceable to Agricultural Loan & Income

CA Vijayakumar Shetty12 months ago
Income TaxRegrouping of liabilities: ITAT Hyderabad deleted ₹7 crore Section 69 addition
Income Tax

Regrouping of liabilities: ITAT Hyderabad deleted ₹7 crore Section 69 addition

CA Vijayakumar Shetty12 months ago
Income TaxWrongly Filed Updated Return Due to Consultant’s Error Cannot Justify Extra Tax
Income Tax

Wrongly Filed Updated Return Due to Consultant’s Error Cannot Justify Extra Tax

CA Vijayakumar Shetty12 months ago
Income TaxWhen AO Verifies Agricultural Income, PCIT Cannot Revise: ITAT Chandigarh
Income Tax

When AO Verifies Agricultural Income, PCIT Cannot Revise: ITAT Chandigarh

CA Vijayakumar Shetty12 months ago
Income TaxITAT Surat: 263 Orders Passed Just to ‘Keep Issue Alive’ Set Aside for Fresh Adjudication
Income Tax

ITAT Surat: 263 Orders Passed Just to ‘Keep Issue Alive’ Set Aside for Fresh Adjudication

CA Vijayakumar Shetty12 months ago
Income TaxITAT Chennai Quashes Reassessment: Section 148 Notice by JAO After 29.03.22 Invalid
Income Tax

ITAT Chennai Quashes Reassessment: Section 148 Notice by JAO After 29.03.22 Invalid

CA Vijayakumar Shetty12 months ago
Income TaxLate fee u/s. 234E set aside as first three quarters TDS return filed before 4th quarter due date
Income Tax

Late fee u/s. 234E set aside as first three quarters TDS return filed before 4th quarter due date

POONAM GANDHI12 months ago
Income Tax10% Tolerance Limit u/s 56(2)(x) Applies Retrospectively: ITAT Mumbai
Income Tax

10% Tolerance Limit u/s 56(2)(x) Applies Retrospectively: ITAT Mumbai

CA Sandeep Kanoi12 months 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.