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.
F&O Turnover to be Computed as per ICAI Guidance, Not AO’s Method
ITAT Limits 14A Disallowance to Exempt Income: Rule 8D Not Applicable for MAT
Writ dismissed as status of co-op bank or society cannot be decided without impleading the entity
File Your ITR Before 15th September and Avoid Financial Vighnas!!!
Portfolio Management Fees Allowability under Section 48 for Capital Gains Tax
Addl. CIT Lacked Authority Assessment Authority – ₹20 Cr Additions Deleted
Differential treatment with co-purchaser not allowed; ITAT Deletes Short TDS Demand
No Section 12AA Registration, No Section 11 Exemption: ITAT Delhi
Section 43CA addition cannot stand without DVO valuation
Closing Cash Balance Cannot Be Taxed as Unexplained Money u/s 69A
Double Addition Not Permissible – ITAT Delhi Deletes Rs. 20.25 Cr Addition
Only Commission on Accommodation Entries Taxable, Not Entire Credits
100% Disallowance of Bogus Purchases Unjustified – Only Profit Element Taxable
Determining Residential Status under Income Tax Act, 1961: A Critical Analysis
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.
