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.
Section 271AAB Penalty not Applicable if no Search Conducted on Assesse
Clerical Error in Section & Physical Form 10B Filing should not deny Trust Exemption
Notice u/s 148 by Jurisdictional AO Instead of Faceless AO Invalid: ITAT Chandigarh
Treatment of Minor’s Income and TDS Deduction: A Parent’s Guide
Identity & Creditworthiness Proved; ITAT confirms deletion of Rs. 20.25 Cr Loan addition
Scrutiny Notice Not in CBDT Format – Assessment Declared Void Ab Initio
ITAT Kolkata Quashes Reopening as Time-Barred – Notice u/s 148 Issued Beyond Limitation
Capital Introduced by Partners Cannot Be Taxed in Firm’s Hands: ITAT Surat Deletes Addition of Rs. 2.52 Crore
Reopening under 147 invalid where recorded reason not pursued- ITAT Kolkata
Once 263 is dropped, 147 Is Dead – Kolkata ITAT Strikes Down Reassessment/Quashes Rs. 7.03 Cr Addition
Liability Written Back Already Taxed – Double Taxation Unsustainable – ITAT Kolkata Deletes 41(1) Addition
ITAT Ahmedabad Restores Cash Deposit Addition to AO – Joint a/c with Agriculturist Father Considered
Old vs New Regime Dispute Ends – CBDT Circular & CPC Rectification Resolve 115BAA Claim
ITAT Restores 115BAA Concessional Tax Claim Despite Minor Form 10-IC Delay
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.
