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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 TaxNo Inquiry, No Jurisdiction: PCIT Revision Under Section 263 Invalid
Income Tax

No Inquiry, No Jurisdiction: PCIT Revision Under Section 263 Invalid

CA Vijayakumar Shetty9 months ago
Income TaxBogus Purchases: Only 2% Profit Taxable Due to Accepted Sale
Income Tax

Bogus Purchases: Only 2% Profit Taxable Due to Accepted Sale

CA Vijayakumar Shetty9 months ago
Income TaxAddition Set Aside Because Crypto Trades Cannot Be Assumed Without Bank Evidence
Income Tax

Addition Set Aside Because Crypto Trades Cannot Be Assumed Without Bank Evidence

CA Vijayakumar Shetty9 months ago
Income TaxRevision Barred After VSV Settlement: ITAT Rules Section 263 Cannot Reopen Concluded Disputes
Income Tax

Revision Barred After VSV Settlement: ITAT Rules Section 263 Cannot Reopen Concluded Disputes

CA Vijayakumar Shetty9 months ago
Income TaxLand Acquisition Act Section 28 Interest is Not ‘Interest’: Tribunal Deletes Entire Addition as Capital Receipt
Income Tax

Land Acquisition Act Section 28 Interest is Not ‘Interest’: Tribunal Deletes Entire Addition as Capital Receipt

CA Vijayakumar Shetty9 months ago
Income TaxPAN Mismatch Is Not Enough: Tribunal Orders Verification Before Treating Bank Deposits as Unexplained
Income Tax

PAN Mismatch Is Not Enough: Tribunal Orders Verification Before Treating Bank Deposits as Unexplained

CA Vijayakumar Shetty9 months ago
Income TaxMisapplied Circular 19/2017: Commercial Transaction Ignored – Tribunal Remands 2(22)(e) Addition 
Income Tax

Misapplied Circular 19/2017: Commercial Transaction Ignored – Tribunal Remands 2(22)(e) Addition 

CA Vijayakumar Shetty9 months ago
Income TaxApproval Granted as Fundraising Kathas Not ‘Religious Purpose’: Tribunal Clarifies u/s 80G Eligibility
Income Tax

Approval Granted as Fundraising Kathas Not ‘Religious Purpose’: Tribunal Clarifies u/s 80G Eligibility

CA Vijayakumar Shetty9 months ago
Income TaxWest Bengal Income Tax Filings Show Steady Growth
Income Tax

West Bengal Income Tax Filings Show Steady Growth

editor79 months ago
Income TaxAssessment Void as AO Finalized Without DVO Report: ITAT Ahmedabad
Income Tax

Assessment Void as AO Finalized Without DVO Report: ITAT Ahmedabad

CA Jatin Minocha9 months ago
Income TaxHow to Correct Mistakes in an Already Filed Income Tax Return?
Income Tax

How to Correct Mistakes in an Already Filed Income Tax Return?

Abhishek Verma9 months ago
Income TaxITAT Upholds Rule 8D for Sec. 14A Disallowance Due to Unsatisfactory Explanation
Income Tax

ITAT Upholds Rule 8D for Sec. 14A Disallowance Due to Unsatisfactory Explanation

Adv (CA) Vijay Gupta9 months ago
Income TaxNo addition for Demonitization Cash deposit when books not rejected: ITAT Pune
Income Tax

No addition for Demonitization Cash deposit when books not rejected: ITAT Pune

Bhuvanesh Kankani9 months ago
Income TaxJAO Lacked Power Post-29.03.2022: ITAT Quashes 148 Notice & Entire Proceeding
Income Tax

JAO Lacked Power Post-29.03.2022: ITAT Quashes 148 Notice & Entire Proceeding

CA Vijayakumar Shetty9 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.