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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 TaxTP on Captive Software Services – Dissimilar Giants Excluded, Adjustment Removed
Income Tax

TP on Captive Software Services – Dissimilar Giants Excluded, Adjustment Removed

CA Vijayakumar Shetty9 months ago
Income Tax5-Day Delay & Missing Notarised Affidavit: ITAT Chennai Dismisses BMA Appeal
Income Tax

5-Day Delay & Missing Notarised Affidavit: ITAT Chennai Dismisses BMA Appeal

CA Vijayakumar Shetty9 months ago
Income TaxDTVSV Accepted – 263 Quashed: ITAT Pune Holds CIT(E) Cannot Revise After Issuing Form-4
Income Tax

DTVSV Accepted – 263 Quashed: ITAT Pune Holds CIT(E) Cannot Revise After Issuing Form-4

CA Vijayakumar Shetty9 months ago
Income TaxAppeal Dismissed: No Additional Evidence Filed Under Rule 46A
Income Tax

Appeal Dismissed: No Additional Evidence Filed Under Rule 46A

CA Vijayakumar Shetty9 months ago
Income TaxUrban Improvement Trust being State within Article 289(1) not covered under Income Tax Act
Income Tax

Urban Improvement Trust being State within Article 289(1) not covered under Income Tax Act

POONAM GANDHI9 months ago
Income TaxITAT Delhi Quashes Section 147 and 148 Proceedings Over Improper Section 151 Sanction
Income Tax

ITAT Delhi Quashes Section 147 and 148 Proceedings Over Improper Section 151 Sanction

CA Vijayakumar Shetty9 months ago
Income TaxITAT Ahmedabad Rejects 263 Revision Over Proper AO Verification
Income Tax

ITAT Ahmedabad Rejects 263 Revision Over Proper AO Verification

CA Vijayakumar Shetty9 months ago
Income TaxITAT Delhi Invalidates 153A Assessments for Lack of 153C Satisfaction
Income Tax

ITAT Delhi Invalidates 153A Assessments for Lack of 153C Satisfaction

CA Vijayakumar Shetty9 months ago
Income TaxReassessment Notice by JAO Invalid as CBDT Faceless Scheme Mandatory post 29.03.2022
Income Tax

Reassessment Notice by JAO Invalid as CBDT Faceless Scheme Mandatory post 29.03.2022

CA Vijayakumar Shetty9 months ago
Income TaxSet-off on furnace oil available after reducing 6% of purchase price u/r 41D(3)(a) of Bombay Sales Tax Rules
Income Tax

Set-off on furnace oil available after reducing 6% of purchase price u/r 41D(3)(a) of Bombay Sales Tax Rules

POONAM GANDHI9 months ago
Income TaxNo Evidence, No Rigging, No Bogus LTCG – Penny-Stock Theory Fails
Income Tax

No Evidence, No Rigging, No Bogus LTCG – Penny-Stock Theory Fails

CA Vijayakumar Shetty9 months ago
Income TaxIntra-Group Services Allowed as Genuine – ALP Review Sent Back to TPO
Income Tax

Intra-Group Services Allowed as Genuine – ALP Review Sent Back to TPO

CA Vijayakumar Shetty9 months ago
Income TaxLeave Encashment Remanded in Light of Retrospective CBDT Notification Enhancing Limit to ₹25 Lakhs
Income Tax

Leave Encashment Remanded in Light of Retrospective CBDT Notification Enhancing Limit to ₹25 Lakhs

CA Vijayakumar Shetty9 months ago
Income TaxSection 69 addition basis WhatsApp chats untenable sans source device/Evidence Act certificate: ITAT Mumbai
Income Tax

Section 69 addition basis WhatsApp chats untenable sans source device/Evidence Act certificate: ITAT Mumbai

Adv (CA) Vijay Gupta9 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.