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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 TaxResidential Status and its Impact on Tax liability under Income Tax Act, 2025
Income Tax

Residential Status and its Impact on Tax liability under Income Tax Act, 2025

Niroopama6 months ago
Income TaxCrypto Tax Maze: Untangling Taxation of Virtual Digital Assets in India
Income Tax

Crypto Tax Maze: Untangling Taxation of Virtual Digital Assets in India

Aasmeen Kaur6 months ago
Income TaxResident or Non-Resident? The Fundamental Tax Question That Determines Your Entire Income
Income Tax

Resident or Non-Resident? The Fundamental Tax Question That Determines Your Entire Income

Editor6 months ago
Income TaxMadras HC Dismisses Revenue Appeal on 80IA & 80HHC Deduction Computation
Income Tax

Madras HC Dismisses Revenue Appeal on 80IA & 80HHC Deduction Computation

CA Sandeep Kanoi6 months ago
Income TaxCalcutta HC Deleted Share Capital Addition as Assessee Proved Identity & Banking Trail
Income Tax

Calcutta HC Deleted Share Capital Addition as Assessee Proved Identity & Banking Trail

CA Sandeep Kanoi6 months ago
Income TaxResidential Status under Income-tax Act, 1961: Why Your Tax Liability Begins with Where You Stand?
Income Tax

Residential Status under Income-tax Act, 1961: Why Your Tax Liability Begins with Where You Stand?

Mallika Chadha6 months ago
Income TaxUnderstanding Agricultural Income In India: Tax and Legal Principles
Income Tax

Understanding Agricultural Income In India: Tax and Legal Principles

Rimplepreet Kaur6 months ago
Income TaxITAT Kolkata Quashed Reopening Because It Was Based on Mere Change of Opinion
Income Tax

ITAT Kolkata Quashed Reopening Because It Was Based on Mere Change of Opinion

CA Sandeep Kanoi6 months ago
Income TaxReassessment Solely on Audit Objection Invalid; Rule of Law Overrides Revenue Considerations: Delhi HC
Income Tax

Reassessment Solely on Audit Objection Invalid; Rule of Law Overrides Revenue Considerations: Delhi HC

Adv (CA) Vijay Gupta6 months ago
Income TaxITAT Mumbai: Partner Capital Not Taxable u/s 68; Source Not Firm’s Burden; ₹19.06 Cr Addition Deleted
Income Tax

ITAT Mumbai: Partner Capital Not Taxable u/s 68; Source Not Firm’s Burden; ₹19.06 Cr Addition Deleted

CA Vijayakumar Shetty6 months ago
Income Tax200% Sec 270A Penalty Invalid for Failure to Specify Misreporting Limb: ITAT Delhi
Income Tax

200% Sec 270A Penalty Invalid for Failure to Specify Misreporting Limb: ITAT Delhi

CA Vijayakumar Shetty6 months ago
Income Tax200% Sec 270A Penalty Valid; Wrong VI-A deduction Misreporting; 270AA Immunity Denied
Income Tax

200% Sec 270A Penalty Valid; Wrong VI-A deduction Misreporting; 270AA Immunity Denied

CA Vijayakumar Shetty6 months ago
Income TaxITAT Hyderabad Deletes Sec 271D Penalty; Property Sale Cash Not Hit by Sec 269SS
Income Tax

ITAT Hyderabad Deletes Sec 271D Penalty; Property Sale Cash Not Hit by Sec 269SS

CA Vijayakumar Shetty6 months ago
Income TaxReopening Beyond 4 Years Invalid; No Independent Enquiry; LTCG Penny Stock Addition u/s 68 Deleted
Income Tax

Reopening Beyond 4 Years Invalid; No Independent Enquiry; LTCG Penny Stock Addition u/s 68 Deleted

CA Vijayakumar Shetty6 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.