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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 TaxCIT(A)’s Voluminous Cash Book Upload Demand: Kerala HC Orders Local Verification
Income Tax

CIT(A)’s Voluminous Cash Book Upload Demand: Kerala HC Orders Local Verification

CA Sandeep Kanoi10 months ago
Income TaxITAT Restores Appeal for Failure to Examine Client Code Modification Facts
Income Tax

ITAT Restores Appeal for Failure to Examine Client Code Modification Facts

CA Vijayakumar Shetty10 months ago
Income TaxITAT Raipur Deletes Section 234E Late Fee for TDS Filing Before 01.06.2015
Income Tax

ITAT Raipur Deletes Section 234E Late Fee for TDS Filing Before 01.06.2015

CA Vijayakumar Shetty10 months ago
Income TaxCash Deposits Already Covered Under Presumptive Income u/s 44AD – No 69A Addition
Income Tax

Cash Deposits Already Covered Under Presumptive Income u/s 44AD – No 69A Addition

CA Vijayakumar Shetty10 months ago
Income TaxSec. 263 Cannot Be Used to Replace AO’s Possible View on Scrutinized LTCG Income
Income Tax

Sec. 263 Cannot Be Used to Replace AO’s Possible View on Scrutinized LTCG Income

CA Vijayakumar Shetty10 months ago
Income TaxInvestment Addition Deleted: ITAT Rejects ₹1.23 Cr NMS Data Based on Actual Sale Deed
Income Tax

Investment Addition Deleted: ITAT Rejects ₹1.23 Cr NMS Data Based on Actual Sale Deed

CA Vijayakumar Shetty10 months ago
Income TaxITAT Ahmedabad Deletes Addition for Small Foreign Currency Found During Search
Income Tax

ITAT Ahmedabad Deletes Addition for Small Foreign Currency Found During Search

CA Vijayakumar Shetty10 months ago
Income TaxSection 271(1)(c) Penalty Cannot Survive When Quantum Addition is Remanded
Income Tax

Section 271(1)(c) Penalty Cannot Survive When Quantum Addition is Remanded

CA Vijayakumar Shetty10 months ago
Income TaxPartial Tax Relief on Alleged Bogus Purchases Due to Profit Already Declared
Income Tax

Partial Tax Relief on Alleged Bogus Purchases Due to Profit Already Declared

CA Vijayakumar Shetty10 months ago
Income TaxCash Deposit Addition Deleted: ITAT Accepts Cash Withdrawals as Source, Invalidating S. 69A Charge
Income Tax

Cash Deposit Addition Deleted: ITAT Accepts Cash Withdrawals as Source, Invalidating S. 69A Charge

CA Vijayakumar Shetty10 months ago
Income TaxITAT Ahmedabad Upholds CIT(A) Order Allowing Unsecured Loans & Housing Loan Interest
Income Tax

ITAT Ahmedabad Upholds CIT(A) Order Allowing Unsecured Loans & Housing Loan Interest

CA Vijayakumar Shetty10 months ago
Income TaxITAT Deletes Cash Addition Based Solely on WhatsApp Message Without Section 65B Certificate
Income Tax

ITAT Deletes Cash Addition Based Solely on WhatsApp Message Without Section 65B Certificate

CA Vijayakumar Shetty10 months ago
Income TaxITAT Allows Partial Relief on Demonetisation Cash Deposits Citing Agricultural Background
Income Tax

ITAT Allows Partial Relief on Demonetisation Cash Deposits Citing Agricultural Background

CA Vijayakumar Shetty10 months ago
Income TaxITR Portal Glitches: Why a Multi-Vendor System is the Solution
Income Tax

ITR Portal Glitches: Why a Multi-Vendor System is the Solution

CA Mandava Raghavendra Prasad10 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.