Income Tax
Log in to FollowGet 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.

ITAT Rajkot: Wrong Sanction & Late 148 Notice Void Reassessment

Section 263 Upheld as AO Failed to Verify TDS Rates & Delayed PF/ESI Payments

GST Paid Due to Supplier Default Allowable as Business Expense: ITAT Chandigarh

Nominal & Associate Members Do Not Invalidate Section 80P Deductions: ITAT Panaji

Section 263 Set Aside as AO’s View on Repairs Was Plausible and Not Prejudicial to Revenue

Portal Date vs Notice Date: ITAT Orders Fresh Hearing on Legality of Reassessment Notice

Typo Can’t Create a Bogus Creditor: ITAT Deletes Rs. 2.02 Cr Addition

Covid & Wrong Advice Justify Delay: ITAT Calls for De-Novo Hearing on 153A Assessment

ITAT Pune Allows LTCG Exemption After SEBI Revokes Penny Stock Findings

Common 153D Approval for Multiple Years Invalidates Entire Assessment: ITAT Allahabad

Reopening Quashed as Original Reason for 147 Fails – No Other Additions Can Survive

When AO Relies Blindly on Old Penny-Stock Data, Reopening Cannot Stand

Tribunal’s Fact-Based Remand Cannot Be Challenged Under Section 260A: Telangana HC

Sale of share treated as capital gain since no specific amount assigned towards non-compete fee
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.

