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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 TaxCIT(A) Cannot Enhance on New Issue; JDA Additions & U/s 2(22)(e) Deletions Upheld
Income Tax

CIT(A) Cannot Enhance on New Issue; JDA Additions & U/s 2(22)(e) Deletions Upheld

CA Vijayakumar Shetty4 months ago
Income TaxNo Exempt Income = No U/s 14A Disallowance – ITAT Bangalore Reaffirms Settled Law
Income Tax

No Exempt Income = No U/s 14A Disallowance – ITAT Bangalore Reaffirms Settled Law

CA Vijayakumar Shetty4 months ago
Income TaxITAT Bangalore Quashes Sec 263 Revision: No Error in Valuation & No Need to Initiate Penalty
Income Tax

ITAT Bangalore Quashes Sec 263 Revision: No Error in Valuation & No Need to Initiate Penalty

CA Vijayakumar Shetty4 months ago
Income TaxMassive Additions Based on Bank Credits of a Trust Set Aside – ITAT Orders Fresh Verification of Reconciliation
Income Tax

Massive Additions Based on Bank Credits of a Trust Set Aside – ITAT Orders Fresh Verification of Reconciliation

CA Vijayakumar Shetty4 months ago
Income TaxSection 69 Addition Deleted – Cash Availability Human Probabilities Accepted: ITAT Bangalore
Income Tax

Section 69 Addition Deleted – Cash Availability Human Probabilities Accepted: ITAT Bangalore

CA Vijayakumar Shetty4 months ago
Income Tax80P Deduction Allowed on Bank Interest – Bang ITAT Follows Karnataka HC, Distinguishes Totgars
Income Tax

80P Deduction Allowed on Bank Interest – Bang ITAT Follows Karnataka HC, Distinguishes Totgars

CA Vijayakumar Shetty4 months ago
Income TaxFull Exemption of Leave Encashment Allowed – Government Service Character Prevails Over PSU Status
Income Tax

Full Exemption of Leave Encashment Allowed – Government Service Character Prevails Over PSU Status

CA Vijayakumar Shetty4 months ago
Income TaxSection 54 Deduction Allowed Despite Incomplete Documents: ITAT Bangalore
Income Tax

Section 54 Deduction Allowed Despite Incomplete Documents: ITAT Bangalore

CA Vijayakumar Shetty4 months ago
Income TaxReassessment Quashed: Failure to Dispose Objections Makes 148 Proceedings Invalid- ITAT Bangalore
Income Tax

Reassessment Quashed: Failure to Dispose Objections Makes 148 Proceedings Invalid- ITAT Bangalore

CA Vijayakumar Shetty4 months ago
Income TaxForm 41 for DTAA Claims: Complete Guide under Income Tax Act 2025  
Income Tax

Form 41 for DTAA Claims: Complete Guide under Income Tax Act 2025  

Pratik Anand4 months ago
Income TaxNotices under New Income Tax Act 2025 – Step-by-Step Response Guide
Income Tax

Notices under New Income Tax Act 2025 – Step-by-Step Response Guide

Manish Gugliya4 months ago
Income TaxNew Forms under Income Tax Act, 2025 & Rules 2026: A Comparitive Guide
Income Tax

New Forms under Income Tax Act, 2025 & Rules 2026: A Comparitive Guide

Harsh Garg4 months ago
Income TaxWhy TDS Compliance Has an Auditability Problem and Why Nobody Is Talking About It?
Income Tax

Why TDS Compliance Has an Auditability Problem and Why Nobody Is Talking About It?

Shobhit Jain4 months ago
Income TaxBuyback Tax Reset: Promoter Penalty and New Capital Gains Framework
Income Tax

Buyback Tax Reset: Promoter Penalty and New Capital Gains Framework

Neeraj Bhagat & Co.4 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.