Advertisement
Advertisement
Skip to content
Follow Us on
Advertisement
TOP STORIES
Category

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 TaxGujarat High Court Upholds 6% Addition on Bogus Purchases as Only Profit Element Taxable
Income Tax

Gujarat High Court Upholds 6% Addition on Bogus Purchases as Only Profit Element Taxable

CA Sandeep Kanoi3 months ago
Income TaxWeighted Average Cost method ignored? – Mumbai ITAT sends gold stock valuation addition back for fresh examination
Income Tax

Weighted Average Cost method ignored? – Mumbai ITAT sends gold stock valuation addition back for fresh examination

CA Vijayakumar Shetty3 months ago
Income TaxSC Declines Reassessment Revival as Income & Transactions Were Fully Disclosed in ITR
Income Tax

SC Declines Reassessment Revival as Income & Transactions Were Fully Disclosed in ITR

CA Sandeep Kanoi3 months ago
Income TaxFly Ash Sale Receipts Taxable as Accounting Treatment Cannot Override Tax Law: ITAT Chandigarh
Income Tax

Fly Ash Sale Receipts Taxable as Accounting Treatment Cannot Override Tax Law: ITAT Chandigarh

CA Sandeep Kanoi3 months ago
Income TaxNo “reason to believe” without new material – Mumbai ITAT quashes reopening based on mere reappraisal of old records
Income Tax

No “reason to believe” without new material – Mumbai ITAT quashes reopening based on mere reappraisal of old records

CA Vijayakumar Shetty3 months ago
Income TaxCalcutta HC Condones Appeal Delay as Death of Counsel Was Sufficient Cause
Income Tax

Calcutta HC Condones Appeal Delay as Death of Counsel Was Sufficient Cause

CA Sandeep Kanoi3 months ago
Income TaxITAT Pulls Up AO for Ignoring Evidence, Sends ₹31.61 Lakh Addition Back for Verification
Income Tax

ITAT Pulls Up AO for Ignoring Evidence, Sends ₹31.61 Lakh Addition Back for Verification

CA Vijayakumar Shetty3 months ago
Income TaxOpening Loan Balances Not Taxable Again u/s 68: Mumbai ITAT Sends Addition Back for Verification
Income Tax

Opening Loan Balances Not Taxable Again u/s 68: Mumbai ITAT Sends Addition Back for Verification

CA Vijayakumar Shetty3 months ago
Income TaxOnly One Surviving Day Left: Mumbai ITAT Quashes Time-Barred Reassessment Notices After Rajeev Bansal Ruling
Income Tax

Only One Surviving Day Left: Mumbai ITAT Quashes Time-Barred Reassessment Notices After Rajeev Bansal Ruling

CA Vijayakumar Shetty3 months ago
Income TaxErrors in New TDS Challans Under Income Tax Act 2025 Create Compliance Risks
Income Tax

Errors in New TDS Challans Under Income Tax Act 2025 Create Compliance Risks

Velayutham Alagappan3 months ago
Income TaxITAT Deletes TP Addition as Nokia Shutdown Led to Distress Sale of Finished Goods
Income Tax

ITAT Deletes TP Addition as Nokia Shutdown Led to Distress Sale of Finished Goods

Adv (CA) Vijay Gupta3 months ago
Income Tax“Common Family Cash Pool” Theory Fails: Mumbai ITAT Upholds Section 271AAA Penalty
Income Tax

“Common Family Cash Pool” Theory Fails: Mumbai ITAT Upholds Section 271AAA Penalty

CA Vijayakumar Shetty3 months ago
Income TaxSection 80G CSR donation deduction cannot be denied merely for CSR expense disallowance: Mumbai ITAT
Income Tax

Section 80G CSR donation deduction cannot be denied merely for CSR expense disallowance: Mumbai ITAT

CA Vijayakumar Shetty3 months ago
Income TaxDumb Excel Sheets” cannot justify massive additions: Mumbai ITAT
Income Tax

Dumb Excel Sheets” cannot justify massive additions: Mumbai ITAT

CA Vijayakumar Shetty3 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.