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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 TaxAccepted Cash Balance Can’t Be Rejected: ITAT Deletes ₹16.55L Addition u/s 69A
Income Tax

Accepted Cash Balance Can’t Be Rejected: ITAT Deletes ₹16.55L Addition u/s 69A

CA Vijayakumar Shetty4 months ago
Income TaxTDS Liability on LTC Cannot Arise When Deduction Barred by HC Interim Orders
Income Tax

TDS Liability on LTC Cannot Arise When Deduction Barred by HC Interim Orders

CA Sandeep Kanoi4 months ago
Income TaxDemonetization Cash Addition Deleted as ITAT Accepts NRI Remittance Explanation
Income Tax

Demonetization Cash Addition Deleted as ITAT Accepts NRI Remittance Explanation

CA Sandeep Kanoi4 months ago
Income Tax‘No Addition, No Penalty’ – Section 271E Penalty Invalidated by ITAT Agra
Income Tax

‘No Addition, No Penalty’ – Section 271E Penalty Invalidated by ITAT Agra

CA Sandeep Kanoi4 months ago
Income TaxITAT Rightly Restricted Bogus Purchase Addition to 10% as Sales Accepted: Bombay HC
Income Tax

ITAT Rightly Restricted Bogus Purchase Addition to 10% as Sales Accepted: Bombay HC

CA Sandeep Kanoi4 months ago
Income TaxITAT Upholds ₹5.97 Cr Addition Due to Non-Disclosure of TDS-Linked Contract Receipts
Income Tax

ITAT Upholds ₹5.97 Cr Addition Due to Non-Disclosure of TDS-Linked Contract Receipts

CA Sandeep Kanoi4 months ago
Income Tax₹32 Cr Addition Fails: Section 153C Action Quashed in Sunetra Ajit Pawar Case
Income Tax

₹32 Cr Addition Fails: Section 153C Action Quashed in Sunetra Ajit Pawar Case

CA Vijayakumar Shetty4 months ago
Income TaxCompensation Allowed as Revenue Expense Due to Business Expediency
Income Tax

Compensation Allowed as Revenue Expense Due to Business Expediency

CA Sandeep Kanoi4 months ago
Income TaxITAT Hyderabad: 100% Disallowance of Promotion Expenses Unjustified; 50% Adhoc Disallowance Sustained
Income Tax

ITAT Hyderabad: 100% Disallowance of Promotion Expenses Unjustified; 50% Adhoc Disallowance Sustained

CA Vijayakumar Shetty4 months ago
Income TaxMandatory PAN Requirement Introduced for Post Office Transactions Under Income Tax Rules 2026
Income Tax

Mandatory PAN Requirement Introduced for Post Office Transactions Under Income Tax Rules 2026

editor74 months ago
Income TaxSeized Cash Explained from Past Records: ITAT Grants Major Relief, Sustains Only Unproved Portion
Income Tax

Seized Cash Explained from Past Records: ITAT Grants Major Relief, Sustains Only Unproved Portion

CA Vijayakumar Shetty4 months ago
Income TaxReopening Invalid for Want of Proper Approval – ITAT Quashes U/s 148 Notice
Income Tax

Reopening Invalid for Want of Proper Approval – ITAT Quashes U/s 148 Notice

CA Vijayakumar Shetty4 months ago
Income TaxBombay HC Quashes TP Assessment for Missing 30-Day DRP Deadline
Income Tax

Bombay HC Quashes TP Assessment for Missing 30-Day DRP Deadline

UBR Legal Advocates4 months ago
Income TaxNo Section 56(2)(x) Tax on Redevelopment Flat Without Possession: ITAT Mumbai
Income Tax

No Section 56(2)(x) Tax on Redevelopment Flat Without Possession: ITAT Mumbai

CA Vijayakumar Shetty4 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.