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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 TaxSection 68 Addition Upheld as Penny Stock Gains Failed Test of Human Probabilities: ITAT Mumbai
Income Tax

Section 68 Addition Upheld as Penny Stock Gains Failed Test of Human Probabilities: ITAT Mumbai

CA Sandeep Kanoi2 months ago
Income TaxWhy Does India’s ITR Deadline Always Need an Extension?
Income Tax

Why Does India’s ITR Deadline Always Need an Extension?

CA Tushar Kamdar2 months ago
Income TaxBuilder Statements Alone Could Not Prove On-Money Payment: ITAT Mumbai
Income Tax

Builder Statements Alone Could Not Prove On-Money Payment: ITAT Mumbai

CA Sandeep Kanoi2 months ago
Income TaxTDS Deduction for Specified Senior Citizens (Section 194P)
Income Tax

TDS Deduction for Specified Senior Citizens (Section 194P)

Editor62 months ago
Income TaxComprehensive Guide to Maintenance of Books of Accounts
Income Tax

Comprehensive Guide to Maintenance of Books of Accounts

Editor62 months ago
Income TaxSC Upholds Deletion of Ad Hoc Expense Additions as Books Were Not Rejected
Income Tax

SC Upholds Deletion of Ad Hoc Expense Additions as Books Were Not Rejected

CA Sandeep Kanoi2 months ago
Income TaxDelhi HC Rejected Ad Hoc Expense Disallowance as Books of Account Were Not Rejected
Income Tax

Delhi HC Rejected Ad Hoc Expense Disallowance as Books of Account Were Not Rejected

CA Sandeep Kanoi2 months ago
Income TaxTaxability of concessional or interest-free loan perquisite by Employee
Income Tax

Taxability of concessional or interest-free loan perquisite by Employee

Editor62 months ago
Income TaxTaxation of Employee Stock Option Plan (ESOP)
Income Tax

Taxation of Employee Stock Option Plan (ESOP)

Editor2 months ago
Income TaxITAT Delhi Upholds Addition as Penny Stock LTCG Lacked Genuineness
Income Tax

ITAT Delhi Upholds Addition as Penny Stock LTCG Lacked Genuineness

CA Sandeep Kanoi2 months ago
Income TaxITAT Dismisses Appeal as Withdrawn as Assessee Opted for Vivad Se Vishwas Scheme
Income Tax

ITAT Dismisses Appeal as Withdrawn as Assessee Opted for Vivad Se Vishwas Scheme

CA Sandeep Kanoi2 months ago
Income TaxUpdated Return of Income: Rules, Eligibility and Filing Process
Income Tax

Updated Return of Income: Rules, Eligibility and Filing Process

Editor62 months ago
Income TaxUnderstanding TDS on Cash Withdrawals: A Comprehensive Guide
Income Tax

Understanding TDS on Cash Withdrawals: A Comprehensive Guide

TG Team2 months ago
Income TaxHigh-Value Transactions Can Trigger Income Tax Notices Due to ITR Mismatch
Income Tax

High-Value Transactions Can Trigger Income Tax Notices Due to ITR Mismatch

CA Mamta Chopra2 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.