Income Tax
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ITAT Indore Sets Aside FTC Disallowance as Form 67 Filed With Section 139(4) Return

ITAT Rajkot Quashes Reassessment as Section 148 Notice Issued Beyond Surviving Time

Section 68 Addition Deleted as PAN, ITR and Confirmations Proved Loan Creditworthiness

Section 68 Addition Deleted as Cooperative Society Accepted Deposits from Its Own Members

Double Addition in Intimation and Rectification: ITAT Delhi Orders Review

Draft Income Tax Rule 9 – Determination of income in case of non-residents

Nothing indicated knowingly participation in sham transaction: Reopening quashed

Draft Income Tax Rule 8 – Computation of period of stay in India for an Indian Citizen being a member of the crew of a foreign bound ship

Draft Income Tax Rule 7 – Guidelines for notification of zero coupon bond

SC Allows Revenue to Seek Reconsideration on Faceless vs Local Jurisdiction in Reopening Cases
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.
