Income Tax
Log in to FollowGet 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.
ITAT Quashes Section 153C Assessments as Block Period Must Be Counted From Satisfaction Date
ITAT Remands Cash Deposit Addition Case due to Lack of Merit-Based Adjudication
ITAT Allows Set-Off of Amalgamated Company’s Losses as Section 72A Conditions Were Fulfilled
Rs. 51 Lakh Section 270A Penalty Quashed as Employee Relied on Form 16 in Good Faith
SC Dismisses Revenue’s SLP as Issues on Investment Diminution Already Covered by Earlier Ruling
Revenue Appeal Rejected as Investment Valuation Issue Already Settled: Karnataka HC
Bangalore ITAT Quashes ₹2.61 Crore Addition; No Addition Possible Without Even Identifying the Bank Account
Don’t Blindly Trust Form 16: One Small Error Can Trigger a Huge Tax Demand
Bangalore ITAT Deletes ₹1.13 Crore Cash Deposit Addition; Mere Suspicion Cannot Override Accepted Books
No Escape from TDS on Identified Year-End Provisions; ITAT Grants Relief Where Tax Paid Before Return Due Date
Bombay HC Condones 113-Day Delay in Form 10B Filing Due to COVID
Advance Tax Provisions, Challan, e-payment Utility & Examples
Income Tax Offences liable to prosecution
Entire Unaccounted Sales Cannot Be Taxed as Only Profit Element Is Assessable: ITAT Delhi
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.
