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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 TaxSection 69A Addition Cannot Be Challenged Through 154 Rectification: ITAT Indore
Income Tax

Section 69A Addition Cannot Be Challenged Through 154 Rectification: ITAT Indore

CA Vijayakumar Shetty7 months ago
Income TaxITAT Surat Upholds Reopening but Restricts Bogus Purchase Addition to 5% of Purchases
Income Tax

ITAT Surat Upholds Reopening but Restricts Bogus Purchase Addition to 5% of Purchases

CA Vijayakumar Shetty7 months ago
Income TaxSection 153C Proceedings Quashed for Lack of Incriminating Material: ITAT Chennai Sets Aside ₹597+ Crore Additions
Income Tax

Section 153C Proceedings Quashed for Lack of Incriminating Material: ITAT Chennai Sets Aside ₹597+ Crore Additions

CA Vijayakumar Shetty7 months ago
Income TaxReassessment Notice Issued by Jurisdictional AO Invalid Post 29.03.2022: ITAT Chennai
Income Tax

Reassessment Notice Issued by Jurisdictional AO Invalid Post 29.03.2022: ITAT Chennai

CA Vijayakumar Shetty7 months ago
Income TaxDemonetization Cash Deposits Accepted as Genuine Business Receipts
Income Tax

Demonetization Cash Deposits Accepted as Genuine Business Receipts

CA Vijayakumar Shetty7 months ago
Income TaxDividend Income Cannot Be Treated as Unexplained Cash Credit: ITAT Delhi
Income Tax

Dividend Income Cannot Be Treated as Unexplained Cash Credit: ITAT Delhi

CA Vijayakumar Shetty7 months ago
Income TaxNo Addition u/s 56(2)(x) in 153A Without Incriminating Material: ITAT Delhi
Income Tax

No Addition u/s 56(2)(x) in 153A Without Incriminating Material: ITAT Delhi

CA Vijayakumar Shetty7 months ago
Income TaxNo Interest Disallowance on Business Receivables from Sister Concern: ITAT Delhi
Income Tax

No Interest Disallowance on Business Receivables from Sister Concern: ITAT Delhi

CA Vijayakumar Shetty7 months ago
Income TaxITAT Agra Deletes Ad-hoc Expense Disallowance Without Rejection of Books
Income Tax

ITAT Agra Deletes Ad-hoc Expense Disallowance Without Rejection of Books

CA Vijayakumar Shetty7 months ago
Income TaxSection 153C Proceedings Fail Without Assessee-Specific Evidence
Income Tax

Section 153C Proceedings Fail Without Assessee-Specific Evidence

CA Vijayakumar Shetty7 months ago
Income TaxIncome Tax Grants Section 35 Approval for Scientific Research Donations to Sikshya O Anusandhan
Income Tax

Income Tax Grants Section 35 Approval for Scientific Research Donations to Sikshya O Anusandhan

Editor27 months ago
Income TaxReassessment Quashed for Borrowed Belief from ACB Report
Income Tax

Reassessment Quashed for Borrowed Belief from ACB Report

CA Vijayakumar Shetty7 months ago
Income TaxUnexplained Investment Cannot Be Assumed Without Cost Determination: ITAT Ahmedabad
Income Tax

Unexplained Investment Cannot Be Assumed Without Cost Determination: ITAT Ahmedabad

CA Vijayakumar Shetty7 months ago
Income TaxNo Addition Solely on Difference Between Service Tax Data & Books: ITAT Delhi
Income Tax

No Addition Solely on Difference Between Service Tax Data & Books: ITAT Delhi

CA Ajay Kumar Agrawal7 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.