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.
Entire TDS credit on maturity of bond allowed as interest income offered to tax on accrual basis
Cancellation of registration u/s. 12AA without satisfying conditions u/s. 12AB(4)(ii) not justifiable
Development charges paid to SIPCOT allowed as revenue expense by deduction 5% every year
Reopening Beyond Four Years Without New Material Invalid: Gujarat HC Quashes Section 148 Notice
Reassessment Notice Issued Beyond Surviving Time Held Invalid: Gujarat HC
Section 40(a)(ia) Not Applicable to Capital Expenditure: ITAT Nagpur
Business Expenses Allowable from Partner’s Remuneration Income: ITAT Delhi
ITAT Ahmedabad Dismisses Appeals After Repeated Non-Appearance by Assessee
ITAT Delhi Sets Aside Reassessment Issued by Wrong Jurisdiction Officer
Penalty Under Section 271F Deleted as Income Tax Return Filed Within Time
CBDT Circular Cannot Deny Income Tax Refund When ITR Delay Justified: Madras GC
Communication of ITAT Order to CA Does Not Constitute Service on Assessee: Bombay HC
Single blanket approval under Section 153D for multiple years is invalid: ITAT Delhi
No Penalty for Genuine Oversight in Foreign Asset Disclosure: ITAT Chandigarh
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.
