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 Tax : Explore how rental income is taxed under Income from House Property. Learn about deductions, NAV calculation, and rules for pre- a...
Income Tax : Finance Act, 2023, has inserted section 43B(h) to facilitate timely payments to MSMEs by withholding deduction on account of delay...
Income Tax : Learn about the Income Tax Appellate Tribunal (ITAT), its role, procedures, and recent updates for taxpayers in India navigating t...
Income Tax : Chapter X of the Income Tax Act applies solely to transactions with Associated Enterprises (AEs), excluding non-AE transactions fr...
Income Tax : Impact of the New Income Tax Regime on Salaried Employees: Analyzing How the Revised Tax Slabs and Exemptions Affect Salaried Indi...
Income Tax : CBI files chargesheet against Principal Commissioner of Income Tax and four others in a Rs 10 lakh bribery case. Investigation det...
Income Tax : CBDT sets transfer pricing tolerance range at 1% for wholesale trading and 3% for other transactions for AY 2024-25, providing cla...
Income Tax : KSCAA highlights critical issues on India’s Income Tax Portal, impacting timely filings for returns and TDS with glitches, timeo...
Income Tax : CBDT simplifies compounding procedures under the Income-tax Act, 1961 by reducing charges, removing limits, and easing filing requ...
Income Tax : CBDT simplifies TDS for salaried employees and enables parents to claim TCS credit for minors through recent amendments in Income-...
Income Tax : Upon further examination of the assessee's bank statements, the Assessing Officer observed that significant funds were being trans...
Income Tax : The assessee is an individual and engaged in the business of retail milk selling. For the relevant AY 2012-13, the assessee did no...
Income Tax : ITAT Delhi held that assessment order under section 153A of the Income Tax Act quashed as assessment has been framed not based on ...
Income Tax : ITAT Ahmedabad held that addition u/s. 2(22)(e) of the Income Tax Act is liable to be set aside since advance was received was mer...
Income Tax : Delhi High Court rejects Revenue's plea for condonation of 880-day delay in re-filing an income tax appeal against Anil Bhalla....
Income Tax : CBDT sets new monetary limits for waiver of interest on delayed tax payments under Section 220(2) of the Income Tax Act, 1961, eff...
Income Tax : CBDT issues Notification No. 5/2024 for mandatory electronic filing of Forms 3CEDA and 3C-O under Income Tax Rules, effective from...
Income Tax : CBDT issues Circular No. 14/2024 allowing condonation of delay in filing tax returns for AY 2023-24 under Section 80P, benefiting ...
Income Tax : The CBDT extends the Income Tax Return due date for AY 2024-25 to November 15, 2024, as per Circular No. 13/2024 issued on October...
Income Tax : CBDT exempts income of West Bengal Pollution Control Board under Section 10(46) of the Income-tax Act, 1961, subject to non-commer...
Explore the tax and GST implications on online gaming income in India, including changes under the Finance Bill, 2023, and the CGST Act, 2017.
Stay updated with the compliance due dates for GST, Income Tax, ESI, and PF Acts. This comprehensive calendar includes important dates for GSTR-1, GSTR-3B, ITC-04, GSTR-5 & 5A, GSTR-6, GSTR-7, GSTR-8, TDS/TCS payment, Advance Tax payment, TDS/TCS certificate issuance, Aadhaar-PAN linking, PF/ESIC payment, and PF return filing.
Learn about the key exemptions available for capital gains under different sections like 54, 54B, 54D, 54EC, and more. Understand eligibility and investment criteria.
Understand the compounding of offences under the Income-tax Act, 1961, including categories, charges, and procedures as per the Finance Act, 2024.
Learn how residential status affects income tax liability in India. Understand the classifications and criteria for residents and non-residents under the Income-tax Act.
Comprehensive glossary of key terms and definitions under the Income Tax Act, 1961, aiding taxpayers in understanding essential tax-related terminology.
A guide on Income Computation and Disclosure Standards (ICDS) and its reconciliation with Accounting Standards (AS) for taxable income computation in India.
Explore detailed income tax rates for individuals, HUFs, and firms over the past 10 years, including surcharges and cesses, for both old and new tax regimes.
Explore provisions under the Income-tax Act for computing business income, including various chargeable incomes and accounting methods.
Understand the time limits for issuing income tax notices and completing assessments, including updates from the Finance Acts of 2022 and 2023.
