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 12AB Registration Rejected Without Hearing Set Aside
Reassessment Upheld Because Third-Party Excel Data Indicated Escaped Income
Ad-Hoc 10% Addition on Sundry Creditors Struck Down
Deduction Allowed as Interest from Co-operative Banks Qualifies under Section 80P
Satsang Bhawan Construction Qualifies as Charitable Activity
Appeal Dismissed for Lack of Jurisdiction Based on AO Location
CIT(A) Directed to Decide Adjustment Under Section 143(1) on Merits
Bogus Share Trading Loss Held Speculative, Set-off Denied
Wrong Form 10BB Entry Leads to Denial of Section 11 Exemption
CIT(A) Must Decide All Grounds Before Confirming TDS Disallowance
Accrued MACT Interest Cannot Be Taxed When Award Is Under Appeal
Coal Transport Expense Disallowance Fails Without Contrary Evidence
Assessment Reopened on Alleged Cash Deposits That Did Not Exist
Delay in Form 10AB Filing Held Condonable Under Section 12AB
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.
