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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 TaxMechanical u/s 153D Approval Invalidates u/s 153C Assessment: ITAT Quashes Entire Proceedings
Income Tax

Mechanical u/s 153D Approval Invalidates u/s 153C Assessment: ITAT Quashes Entire Proceedings

CA Vijayakumar Shetty8 months ago
Income TaxIncome Tax Proceedings Cannot Be Initiated Against a Deceased Person: Calcutta HC
Income Tax

Income Tax Proceedings Cannot Be Initiated Against a Deceased Person: Calcutta HC

CA Sandeep Kanoi8 months ago
Income TaxTribunal Allows Appeal After Finding Delay Not a Valid Ground for Dismissal by CIT(A)
Income Tax

Tribunal Allows Appeal After Finding Delay Not a Valid Ground for Dismissal by CIT(A)

CA Sandeep Kanoi8 months ago
Income TaxHospital Certificates: Practical Pitfalls & Litigation Issues Under Income-tax Act
Income Tax

Hospital Certificates: Practical Pitfalls & Litigation Issues Under Income-tax Act

Adv Ashish Parashar (Tax Counsel)8 months ago
Income TaxCash Deposit Addition Sent Back for Fresh Review Due to New Evidence
Income Tax

Cash Deposit Addition Sent Back for Fresh Review Due to New Evidence

CA Sandeep Kanoi8 months ago
Income TaxIncome Tax Act 2025: Key Sections & Big Changes Every Taxpayer Must Know !
Income Tax

Income Tax Act 2025: Key Sections & Big Changes Every Taxpayer Must Know !

CA PRAHLAD HATHWAL8 months ago
Income TaxBooks Cannot Be Rejected Without Specific Defects: ITAT Chandigarh
Income Tax

Books Cannot Be Rejected Without Specific Defects: ITAT Chandigarh

CA Sandeep Kanoi8 months ago
Income TaxSection 263 Checkmated – ITAT Says PCIT Cannot Reopen Issues Already Before CIT(A)
Income Tax

Section 263 Checkmated – ITAT Says PCIT Cannot Reopen Issues Already Before CIT(A)

CA Vijayakumar Shetty8 months ago
Income TaxReassessment Quashed for Issuing Section 148 Notice Through Wrong Authority
Income Tax

Reassessment Quashed for Issuing Section 148 Notice Through Wrong Authority

CA Sandeep Kanoi8 months ago
Income TaxThe Culinary Conundrum: Tax Deduction for Food or Business Meal Expenses: A RARE Practical Analysis
Income Tax

The Culinary Conundrum: Tax Deduction for Food or Business Meal Expenses: A RARE Practical Analysis

Sudhir Goyal8 months ago
Income Tax15% ‘Misdirected’ Discount on NAV Shares, Rs. 8.70 Cr Addition Deleted
Income Tax

15% ‘Misdirected’ Discount on NAV Shares, Rs. 8.70 Cr Addition Deleted

CA Vijayakumar Shetty8 months ago
Income TaxReassessment Quashed for Being Passed on a Struck-Off Company
Income Tax

Reassessment Quashed for Being Passed on a Struck-Off Company

CA Sandeep Kanoi8 months ago
Income TaxLeave Encashment Revolution: Decoding New ₹25 Lakh Exemption
Income Tax

Leave Encashment Revolution: Decoding New ₹25 Lakh Exemption

CA Amresh Vashisht8 months ago
Income TaxSection 144C(13) Delay Fatal: Tribunal Cancels Assessments
Income Tax

Section 144C(13) Delay Fatal: Tribunal Cancels Assessments

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.