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.
ITAT Deletes Section 69C Addition as Source of Expenditure Was Fully Explained
ITAT Restores 12A & 80G Applications as Rejection Was Based on Technical Error
ITAT Delhi Sets Aside Section 271(1)(B) Penalty as Quantum Appeal Was Remanded
Gujarat HC Quashes Reassessment as Alleged Escaped Income Fell Below ₹50 Lakh Threshold
Vivad se Vishwas Benefit Allowed as Assessment Was Based on Survey, Not Search: Gujarat HC
SC Upholds Quashing of TDS Prosecution as Tax & Interest Were Deposited Before Criminal Proceedings
Revenue Appeal Dismissed as Later CBDT Circular Allowed Delay in Filing Form 10B
Section 143(1) Intimation Held Invalid as Scrutiny Proceedings Had Already Begun
ITAT Deletes Section 270A Penalty as AO Failed to Identify Correct Default
Delhi HC Grants Section 270AA Immunity as Penalty Notice Failed to Specify Misreporting
No Capital Gains Addition as Dumb Document Alone cannot Prove On-Money Receipt
Section 69 Addition Deleted as Seized Loose Sheet Lacked Corroborative Evidence
₹6.40 Crore Addition Deleted as Revenue Failed to Corroborate Seized Document
Black Money Act Penalty Quashed Because as Bona Fide Believed No Return Was Required
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.
