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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 TaxPre-April 2017 Property Deal Not Taxable Under Section 56(2)(x): ITAT Mumbai
Income Tax

Pre-April 2017 Property Deal Not Taxable Under Section 56(2)(x): ITAT Mumbai

CA Vijayakumar Shetty6 days ago
Income TaxESOP Deduction Cannot Be Revisited Through Section 263: ITAT Mumbai
Income Tax

ESOP Deduction Cannot Be Revisited Through Section 263: ITAT Mumbai

CA Vijayakumar Shetty6 days ago
Income TaxPenalty Cannot Shift From Section 271AAC to Section 271(1)(c): ITAT Mumbai
Income Tax

Penalty Cannot Shift From Section 271AAC to Section 271(1)(c): ITAT Mumbai

CA Vijayakumar Shetty6 days ago
Income TaxTwo Property Documents Cannot Be Treated as Two Purchases of Same Flat: ITAT Mumbai
Income Tax

Two Property Documents Cannot Be Treated as Two Purchases of Same Flat: ITAT Mumbai

CA Vijayakumar Shetty6 days ago
Income TaxSection 263 Revision of JSW Infrastructure Assessment Quashed: ITAT Mumbai
Income Tax

Section 263 Revision of JSW Infrastructure Assessment Quashed: ITAT Mumbai

CA Vijayakumar Shetty6 days ago
Income TaxSchool Sections Cannot Be Split to Meet ₹1 Crore Section 10(23C)(iiiad) Limit: ITAT Mumbai
Income Tax

School Sections Cannot Be Split to Meet ₹1 Crore Section 10(23C)(iiiad) Limit: ITAT Mumbai

CA Vijayakumar Shetty6 days ago
Income TaxSection 263 Revision of JSW Cement Assessments Quashed: ITAT Mumbai
Income Tax

Section 263 Revision of JSW Cement Assessments Quashed: ITAT Mumbai

CA Vijayakumar Shetty6 days ago
Income TaxSection 292BB Cannot Cure Unproved Section 143(2) Notice: ITAT Mumbai
Income Tax

Section 292BB Cannot Cure Unproved Section 143(2) Notice: ITAT Mumbai

CA Vijayakumar Shetty6 days ago
Income TaxA Recovery Letter Cannot Become an Appeal Order Merely by Calling It One in Form 35
Income Tax

A Recovery Letter Cannot Become an Appeal Order Merely by Calling It One in Form 35

CA Vijayakumar Shetty6 days ago
Income TaxDelayed Section 234E Appeals Dismissed Without Deciding Levy Merits: ITAT Pune
Income Tax

Delayed Section 234E Appeals Dismissed Without Deciding Levy Merits: ITAT Pune

CA Vijayakumar Shetty6 days ago
Income TaxWrong Authority Approved Reopening; Section 263 Could Not Repair It
Income Tax

Wrong Authority Approved Reopening; Section 263 Could Not Repair It

CA Vijayakumar Shetty6 days ago
Income TaxPCIT Approval Cannot Sustain Reopening After Three Years: ITAT Mumbai
Income Tax

PCIT Approval Cannot Sustain Reopening After Three Years: ITAT Mumbai

CA Vijayakumar Shetty6 days ago
Income Tax143-Day Appeal Delay Condoned on Partner’s Illness: ITAT, Bangalore Bench
Income Tax

143-Day Appeal Delay Condoned on Partner’s Illness: ITAT, Bangalore Bench

CA Vijayakumar Shetty6 days ago
Income TaxAssessment of Firm After Conversion Into Company Quashed: ITAT Dehradun
Income Tax

Assessment of Firm After Conversion Into Company Quashed: ITAT Dehradun

CA Sandeep Kanoi6 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.