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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 TaxIncome Tax Appeal Dismissed After Assessee Seeks Withdrawal
Income Tax

Income Tax Appeal Dismissed After Assessee Seeks Withdrawal

CA Sandeep Kanoi8 months ago
Income TaxIndia Tackles Black Money in Crypto and Virtual Assets
Income Tax

India Tackles Black Money in Crypto and Virtual Assets

Editor18 months ago
Income TaxPenalty Deleted After ITAT Quashes Quantum Addition
Income Tax

Penalty Deleted After ITAT Quashes Quantum Addition

CA Vijayakumar Shetty8 months ago
Income TaxInvalid Notice, Wrong Remand Report & PAN Errors: ITAT Orders Fresh Assessment
Income Tax

Invalid Notice, Wrong Remand Report & PAN Errors: ITAT Orders Fresh Assessment

CA Vijayakumar Shetty8 months ago
Income TaxExcess FTC Claim Not Underreporting—No Section 270A Penalty: Karnataka HC
Income Tax

Excess FTC Claim Not Underreporting—No Section 270A Penalty: Karnataka HC

Adv (CA) Vijay Gupta8 months ago
Income TaxJAO cannot Sections 148A & 148 Notices Post–Notification 18/2022
Income Tax

JAO cannot Sections 148A & 148 Notices Post–Notification 18/2022

Sayyad Sadak8 months ago
Income TaxCompliance & Valuation In Slump Sale Transaction under Section 50B
Income Tax

Compliance & Valuation In Slump Sale Transaction under Section 50B

Affluence Advisory Private Limited8 months ago
Income TaxSeized Papers Showing Cash Payment Treated as Credible Evidence
Income Tax

Seized Papers Showing Cash Payment Treated as Credible Evidence

CA Vijayakumar Shetty8 months ago
Income TaxITAT Clarifies: Working Capital Adjustment May Nullify Interest Addition
Income Tax

ITAT Clarifies: Working Capital Adjustment May Nullify Interest Addition

CA Vijayakumar Shetty8 months ago
Income TaxDisallowance Invalid as Negative Capital Stemmed from Non-Cash Adjustment
Income Tax

Disallowance Invalid as Negative Capital Stemmed from Non-Cash Adjustment

CA Vijayakumar Shetty8 months ago
Income TaxTribunal Rejects Reopening Triggered by Irrelevant Information
Income Tax

Tribunal Rejects Reopening Triggered by Irrelevant Information

CA Vijayakumar Shetty8 months ago
Income TaxWhen Quantum Dies, Penalty Dies – HC Appeal Without Stay Cannot Save Penalty
Income Tax

When Quantum Dies, Penalty Dies – HC Appeal Without Stay Cannot Save Penalty

CA Vijayakumar Shetty8 months ago
Income TaxSection 153C Time-Bar Checkmate: AYs Beyond 10 Years Cannot Be Touched
Income Tax

Section 153C Time-Bar Checkmate: AYs Beyond 10 Years Cannot Be Touched

CA Vijayakumar Shetty8 months ago
Income TaxDemonetization Cash Explained – Withdrawals of ₹47 Lakh Save Assessee
Income Tax

Demonetization Cash Explained – Withdrawals of ₹47 Lakh Save Assessee

CA Vijayakumar Shetty8 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.