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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 TaxAdvertisement Expenses Cannot Trigger TP Adjustment Without AE Arrangement
Income Tax

Advertisement Expenses Cannot Trigger TP Adjustment Without AE Arrangement

CA Sandeep Kanoi3 months ago
Income TaxSC Upholds Quashing of Penny Stock Reopening Because Share Details Were Already Disclosed
Income Tax

SC Upholds Quashing of Penny Stock Reopening Because Share Details Were Already Disclosed

CA Sandeep Kanoi3 months ago
Income TaxReassessment Invalid as AO Had Only ‘Reason to Suspect’ and Not ‘Reason to Believe’ in Bogus LTCG Case
Income Tax

Reassessment Invalid as AO Had Only ‘Reason to Suspect’ and Not ‘Reason to Believe’ in Bogus LTCG Case

CA Sandeep Kanoi3 months ago
Income TaxAd Hoc Profit Addition Deleted as Books of Account Were Never Rejected by AO
Income Tax

Ad Hoc Profit Addition Deleted as Books of Account Were Never Rejected by AO

CA Ajay Kumar Agrawal3 months ago
Income TaxSection 272A(1)(d) Penalty Unsustainable When Scrutiny Assessment Accepted Returned Income
Income Tax

Section 272A(1)(d) Penalty Unsustainable When Scrutiny Assessment Accepted Returned Income

CA Ajay Kumar Agrawal3 months ago
Income TaxFee-Based Receipts Cannot Defeat Charitable Status for Environmental Activities: ITAT Delhi
Income Tax

Fee-Based Receipts Cannot Defeat Charitable Status for Environmental Activities: ITAT Delhi

CA Ajay Kumar Agrawal3 months ago
Income TaxWhatsApp Chats Alone Cannot Justify Section 69A Addition for Jewellery Purchases: ITAT Delhi
Income Tax

WhatsApp Chats Alone Cannot Justify Section 69A Addition for Jewellery Purchases: ITAT Delhi

CA Ajay Kumar Agrawal3 months ago
Income TaxWhatsApp Chats & Third-Party Tally Data Alone Can’t Create Tax Liability: ITAT Mumbai
Income Tax

WhatsApp Chats & Third-Party Tally Data Alone Can’t Create Tax Liability: ITAT Mumbai

CA Vijayakumar Shetty3 months ago
Income TaxBombay HC Condones 430-Day Delay in Filing Form 10 for Section 11 Exemption
Income Tax

Bombay HC Condones 430-Day Delay in Filing Form 10 for Section 11 Exemption

UBR Legal Advocates3 months ago
Income TaxITAT Grants Partial Relief in Demonetization Cash Deposit Case Due to Senior Citizen Status
Income Tax

ITAT Grants Partial Relief in Demonetization Cash Deposit Case Due to Senior Citizen Status

CA Sandeep Kanoi3 months ago
Income TaxITAT Remands Section 54B Claim Due to Dispute Over Agricultural Use Evidence
Income Tax

ITAT Remands Section 54B Claim Due to Dispute Over Agricultural Use Evidence

CA Sandeep Kanoi3 months ago
Income TaxRepresentation for timely release of e-filing utilities for ITR for AY 2026-27
Income Tax

Representation for timely release of e-filing utilities for ITR for AY 2026-27

Editor3 months ago
Income TaxExcel Sheets & Third-Party Statements Alone Cannot Prove Cash Payment: ITAT Mumbai
Income Tax

Excel Sheets & Third-Party Statements Alone Cannot Prove Cash Payment: ITAT Mumbai

CA Vijayakumar Shetty3 months ago
Income TaxDemonetisation Sales Cannot Be Treated as Bogus for Accepting SBNs: ITAT Bangalore
Income Tax

Demonetisation Sales Cannot Be Treated as Bogus for Accepting SBNs: ITAT Bangalore

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.