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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 TaxFaceless Assessment in Income Tax Act and its impact on Principles of Natural Justice
Income Tax

Faceless Assessment in Income Tax Act and its impact on Principles of Natural Justice

Khanindra Das7 months ago
Income TaxAPA: An Analysis of Widely Adopted Tool for Tax Certainty from UAE Perspective
Income Tax

APA: An Analysis of Widely Adopted Tool for Tax Certainty from UAE Perspective

Keshav Jha7 months ago
Income TaxShare Gain Addition Struck Down Because It Was Outside Reopening Scope
Income Tax

Share Gain Addition Struck Down Because It Was Outside Reopening Scope

CA Vijayakumar Shetty7 months ago
Income TaxRule of Consistency Bars On-Money Addition Against One Co-Owner
Income Tax

Rule of Consistency Bars On-Money Addition Against One Co-Owner

CA Vijayakumar Shetty7 months ago
Income Tax₹4 Crore Addition Deleted Because Jurisdiction Collapsed Under Section 153C
Income Tax

₹4 Crore Addition Deleted Because Jurisdiction Collapsed Under Section 153C

CA Vijayakumar Shetty7 months ago
Income TaxAgreed Addition Not Conclusive Where Law Grants Exemption
Income Tax

Agreed Addition Not Conclusive Where Law Grants Exemption

CA Vijayakumar Shetty7 months ago
Income Tax“Attributable” Has Wider Scope Than “Derived” Under Section 80P
Income Tax

“Attributable” Has Wider Scope Than “Derived” Under Section 80P

CA Vijayakumar Shetty7 months ago
Income TaxRevenue Appeal Infructuous After Section 263 Order Set Aside
Income Tax

Revenue Appeal Infructuous After Section 263 Order Set Aside

CA Vijayakumar Shetty7 months ago
Income TaxNotice Issued for Incorrect Year Renders Reassessment Void
Income Tax

Notice Issued for Incorrect Year Renders Reassessment Void

CA Vijayakumar Shetty7 months ago
Income TaxBooks Not Proper, Estimated Income Still Penalised by ITAT
Income Tax

Books Not Proper, Estimated Income Still Penalised by ITAT

CA Vijayakumar Shetty7 months ago
Income TaxLeave Encashment Limit Enhanced, Full ₹13.12 Lakh Exempt Allowed
Income Tax

Leave Encashment Limit Enhanced, Full ₹13.12 Lakh Exempt Allowed

CA Vijayakumar Shetty7 months ago
Income TaxReligious Functions Alone Can’t Secure Charitable Registration
Income Tax

Religious Functions Alone Can’t Secure Charitable Registration

CA Vijayakumar Shetty7 months ago
Income TaxCBDT Memorandum Not Conclusive Proof of Bogus Donation
Income Tax

CBDT Memorandum Not Conclusive Proof of Bogus Donation

CA Vijayakumar Shetty7 months ago
Income TaxExtrapolation Without Evidence Invalid, ₹77.27 Lakh Deletion Upheld
Income Tax

Extrapolation Without Evidence Invalid, ₹77.27 Lakh Deletion Upheld

CA Vijayakumar Shetty7 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.