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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 TaxVivad-Se-Vishwas Didn’t Mature — Appeal Can’t Die by Assumption
Income Tax

Vivad-Se-Vishwas Didn’t Mature — Appeal Can’t Die by Assumption

CA Vijayakumar Shetty6 months ago
Income TaxHigh Share Premium Alone Can’t Trigger Section 68 Addition: Calcutta HC
Income Tax

High Share Premium Alone Can’t Trigger Section 68 Addition: Calcutta HC

CA Ajay Kumar Agrawal6 months ago
Income TaxSection 80P Denial Collapses After Section 119(2)(b) Condonation – CPC Intimation Cannot Survive
Income Tax

Section 80P Denial Collapses After Section 119(2)(b) Condonation – CPC Intimation Cannot Survive

CA Vijayakumar Shetty6 months ago
Income TaxBogus Purchase Disallowance Fails — Third-Party List Alone Is Not Evidence
Income Tax

Bogus Purchase Disallowance Fails — Third-Party List Alone Is Not Evidence

CA Vijayakumar Shetty6 months ago
Income TaxJoint Hindu Family Properties Presumed Where Ancestral Nucleus Exists – Concurrent Findings Upheld
Income Tax

Joint Hindu Family Properties Presumed Where Ancestral Nucleus Exists – Concurrent Findings Upheld

CA Vijayakumar Shetty6 months ago
Income TaxReassessment Notices by JAO Validated Retrospectively Under Budget 2026
Income Tax

Reassessment Notices by JAO Validated Retrospectively Under Budget 2026

Rajkumar6 months ago
Income TaxInterest From Co-op Banks Fully Deductible U/s 80P(2)(d), Totgars Misapplied
Income Tax

Interest From Co-op Banks Fully Deductible U/s 80P(2)(d), Totgars Misapplied

CA Vijayakumar Shetty6 months ago
Income TaxSearch Assessment – Telescoping Upheld, No Double Taxation & U/s 234A Interest Curtailed
Income Tax

Search Assessment – Telescoping Upheld, No Double Taxation & U/s 234A Interest Curtailed

CA Vijayakumar Shetty6 months ago
Income TaxSection 80P Win for Credit Societies – Savings Bank Interest Is Business-Attributable
Income Tax

Section 80P Win for Credit Societies – Savings Bank Interest Is Business-Attributable

CA Vijayakumar Shetty6 months ago
Income TaxRe-assessment U/s 147 Quashed as Time-Barred — Stay Period Ends on Date of Vacation, Not Communication
Income Tax

Re-assessment U/s 147 Quashed as Time-Barred — Stay Period Ends on Date of Vacation, Not Communication

CA Vijayakumar Shetty6 months ago
Income TaxNo TDS on Overseas Commission; Section 40(a)(i) Disallowance Deleted, Revenue Appeal Dismissed
Income Tax

No TDS on Overseas Commission; Section 40(a)(i) Disallowance Deleted, Revenue Appeal Dismissed

CA Vijayakumar Shetty6 months ago
Income TaxUnion Budget 2026: A Chartered Accountant’s Perspective
Income Tax

Union Budget 2026: A Chartered Accountant’s Perspective

Neeraj Bhagat & Co.6 months ago
Income TaxBorrowed Satisfaction from Insight Portal Invalid; Re-opening Section 68 Addition Quashed
Income Tax

Borrowed Satisfaction from Insight Portal Invalid; Re-opening Section 68 Addition Quashed

CA Vijayakumar Shetty6 months ago
Income TaxSection 148 Notice Served on 01-04-2021 Invalid; Re-opening Quashed for Non-Compliance with 148A
Income Tax

Section 148 Notice Served on 01-04-2021 Invalid; Re-opening Quashed for Non-Compliance with 148A

CA Vijayakumar Shetty6 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.