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.
Bogus Purchase Addition Deleted as Genuine Purchases Proved: ITAT Delhi
Section 56(2)(viib) Addition Deleted as DCF Valuation Rejection Unsustainable: ITAT Delhi
Transfer Pricing ALP Adjustment Remanded for Fresh FAR Analysis of Comparables: ITAT Delhi
Section 270A Penalty Deletion Upheld as SCN Was Vague: ITAT Kolkata
Section 11 Exemption Restored as Section 13 Violation Not Established: Telangana HC
ITAT Mumbai Restores Section 12AB Registration of Pre-1961 Trust
Section 54EC Exemption Allowed on Development Rights Consideration: ITAT Mumbai
Sold Your Flat? How to Legally Save Capital Gains Tax by Reinvesting
Sold Shares & Equity Mutual Funds? Here’s Your Tax Liability
Section 80P(2)(d) Deduction Allowed on Interest from Co-operative Bank Deposits: ITAT Pune
Debt vs Equity Mutual Funds: Why Broker Capital Gain Reports Can Mislead ITR Filing
HUF Tax Benefits, Eligibility, Deductions & Separate Tax Status
Section 154 Rectification Rejected as Wrong Deductor Details Required Verification: ITAT Pune
Gratuity Trust Contribution and Export Commission Allowed After Subsequent Trust Approval: ITAT Mumbai
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.
