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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 TaxCBDT Grants Five-Year Scientific Research Recognition to Public Health Foundation
Income Tax

CBDT Grants Five-Year Scientific Research Recognition to Public Health Foundation

Editor2 months ago
Income TaxCBDT Approved University of Hyderabad for Scientific Research Tax Benefits
Income Tax

CBDT Approved University of Hyderabad for Scientific Research Tax Benefits

Editor2 months ago
Income TaxTax Relief up to 12 Lakh in New Tax Regime, Yet ITR Filing is Still Mandatory
Income Tax

Tax Relief up to 12 Lakh in New Tax Regime, Yet ITR Filing is Still Mandatory

CA PRAHLAD SAHAI KUMHAR2 months ago
Income Tax11 Situations Where Filing ITR Is Mandatory for AY 2026-27
Income Tax

11 Situations Where Filing ITR Is Mandatory for AY 2026-27

CA Shubhi Khandelwal2 months ago
Income TaxITAT Quashes Reassessment as Section 151 Approval Was Not Obtained from Competent Authority
Income Tax

ITAT Quashes Reassessment as Section 151 Approval Was Not Obtained from Competent Authority

CA Sandeep Kanoi2 months ago
Income TaxSection 80P Deduction Allowed on Interest Income Attributable to Credit Society’s Business
Income Tax

Section 80P Deduction Allowed on Interest Income Attributable to Credit Society’s Business

CA Sandeep Kanoi2 months ago
Income TaxBangalore ITAT Upholds Section 11 Exemption Despite Alleged Capitation Fee Collections
Income Tax

Bangalore ITAT Upholds Section 11 Exemption Despite Alleged Capitation Fee Collections

CA Vijayakumar Shetty2 months ago
Income TaxITAT Quashes Reassessment as Section 151 Approval Was Granted by Wrong Authority
Income Tax

ITAT Quashes Reassessment as Section 151 Approval Was Granted by Wrong Authority

CA Sandeep Kanoi2 months ago
Income TaxITAT Rejects Section 56(2)(viib) Addition as Shares Were Issued to Holding Company
Income Tax

ITAT Rejects Section 56(2)(viib) Addition as Shares Were Issued to Holding Company

CA Sandeep Kanoi2 months ago
Income TaxITAT Deletes Section 56(2)(viib) Addition as Shares Were Allotted to Existing Shareholders
Income Tax

ITAT Deletes Section 56(2)(viib) Addition as Shares Were Allotted to Existing Shareholders

CA Sandeep Kanoi2 months ago
Income TaxSC Dismisses Revenue Appeal as ESOP Allotment Expense Is Allowable
Income Tax

SC Dismisses Revenue Appeal as ESOP Allotment Expense Is Allowable

CA Sandeep Kanoi2 months ago
Income TaxDelhi HC Rejects ESOP Disallowance as Share Allotment Reflects Commercial Reality
Income Tax

Delhi HC Rejects ESOP Disallowance as Share Allotment Reflects Commercial Reality

CA Sandeep Kanoi2 months ago
Income TaxITAT Hyderabad Allows Foreign Tax Credit as Delayed Form 67 Filing Is Only Directory
Income Tax

ITAT Hyderabad Allows Foreign Tax Credit as Delayed Form 67 Filing Is Only Directory

CA Sandeep Kanoi2 months ago
Income TaxForeign Tax Credit Cannot Be Denied Due to Late Form 67: ITAT Hyderabad
Income Tax

Foreign Tax Credit Cannot Be Denied Due to Late Form 67: ITAT Hyderabad

CA Sandeep Kanoi2 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.