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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 TaxLoan Addition Sent Back to AO as Repayment Documents Required Verification
Income Tax

Loan Addition Sent Back to AO as Repayment Documents Required Verification

CA Sandeep Kanoi3 months ago
Income TaxBombay HC Quashes Section 271D Penalty as Issue Was Already Covered by Earlier Rulings
Income Tax

Bombay HC Quashes Section 271D Penalty as Issue Was Already Covered by Earlier Rulings

CA Sandeep Kanoi3 months ago
Income TaxITAT Upholds Section 154 Rectification as TOLA Extended Limitation for Rectification Proceedings
Income Tax

ITAT Upholds Section 154 Rectification as TOLA Extended Limitation for Rectification Proceedings

CA Sandeep Kanoi3 months ago
Income TaxITAT Quashes Reassessment as Section 148 Notice Was Issued After Limitation Expiry
Income Tax

ITAT Quashes Reassessment as Section 148 Notice Was Issued After Limitation Expiry

CA Sandeep Kanoi3 months ago
Income TaxITAT Deletes Section 68 Addition as AO Relied Only on Past Accommodation Entry Allegations Without Direct Evidence
Income Tax

ITAT Deletes Section 68 Addition as AO Relied Only on Past Accommodation Entry Allegations Without Direct Evidence

CA Sandeep Kanoi3 months ago
Income TaxRajasthan HC Dismisses GST Writ as Effective Statutory Appeal Remedy Was Available
Income Tax

Rajasthan HC Dismisses GST Writ as Effective Statutory Appeal Remedy Was Available

CA Sandeep Kanoi3 months ago
Income TaxITAT Allows Delay Condonation as Rectification Application Remained Pending for Years
Income Tax

ITAT Allows Delay Condonation as Rectification Application Remained Pending for Years

CA Sandeep Kanoi3 months ago
Income TaxCash Receipt of Sale Consideration Not Enough to Treat High Sea Sales as Bogus: ITAT Delhi
Income Tax

Cash Receipt of Sale Consideration Not Enough to Treat High Sea Sales as Bogus: ITAT Delhi

CA Sandeep Kanoi3 months ago
Income TaxNew Tax Regime AY 2026-27: Lesser-Known Exemptions for Salaried Employees
Income Tax

New Tax Regime AY 2026-27: Lesser-Known Exemptions for Salaried Employees

CA Jitendra Singh3 months ago
Income TaxTax Audit Changes: Clause 47 Targets Unquoted Share Transactions
Income Tax

Tax Audit Changes: Clause 47 Targets Unquoted Share Transactions

CA Tushar Kamdar3 months ago
Income TaxAppeal Delay of 3 Years Condoned by ITAT on Professional Advice Grounds
Income Tax

Appeal Delay of 3 Years Condoned by ITAT on Professional Advice Grounds

CA Vijayakumar Shetty3 months ago
Income TaxTax Audit Working Sheet in Excel Format
Income Tax

Tax Audit Working Sheet in Excel Format

Mayur Thakkar3 months ago
Income TaxSection 43B Deduction Cannot Be Lost Due to Inadvertent Non-Claim in Return – ITAT Gives Fresh Opportunity to Verify Property Tax Payment
Income Tax

Section 43B Deduction Cannot Be Lost Due to Inadvertent Non-Claim in Return – ITAT Gives Fresh Opportunity to Verify Property Tax Payment

CA Vijayakumar Shetty3 months ago
Income TaxITAT Deletes Section 68 Loan Addition; Mere Link to Entry Operator Insufficient
Income Tax

ITAT Deletes Section 68 Loan Addition; Mere Link to Entry Operator Insufficient

CA Vijayakumar Shetty3 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.