Income Tax
Log in to FollowGet 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.
Section 263 Cannot Replace AO’s View on Reopening Issues
Generic Client Code Modification Allegations Insufficient for Reopening: Delhi HC
Old Trusts Must Get Regular U/s 12A Registration, Not Provisional
Car Audio Systems Assembled in India Are Domestic Goods, Eligible for Lower VAT Rate: Madras HC
ITAT Mumbai Deleted FBT Addition as Sales Promotion Expenses Gave No Employee Benefit
Land Beyond Municipal Limits Is Not a Capital Asset: Revenue’s Appeal Dismissed
Section 68 Addition Deleted Where Deposits Were Temporary for Student VISA & Repaid
ITAT Surat Remands Section 54F Claim to AO for Fresh Review of Additional Evidence
Ad-Hoc 5% Expense Disallowance Held Unsustainable by ITAT
No Permanent Establishment Found, Revenue Appeal Dismissed by SC
Delhi HC Affirms No PE in India; Offshore Supply Alone Not Taxable
Reopening Below ₹50 Lakh Without PCCIT Approval Is Invalid
ITAT Chandigarh Set Aside Demonetisation Cash Addition Due to Proven Cash Availability
ITAT Chandigarh Restored Appeal as CIT(A) Failed to Decide Case on Merits
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.
