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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 TaxJAO Can’t Reopen After Faceless Regime: ITAT Hyderabad Quashes s.148 Notices in 4 Appeals
Income Tax

JAO Can’t Reopen After Faceless Regime: ITAT Hyderabad Quashes s.148 Notices in 4 Appeals

Sanjana Subhash8 months ago
Income TaxAvoid 100% Penalty on Cash Loans and Deposits Because ₹20,000 Is the Limit
Income Tax

Avoid 100% Penalty on Cash Loans and Deposits Because ₹20,000 Is the Limit

SHUBHAM GOYAL8 months ago
Income TaxFixed Deposit Tax Rules Explained Because SFT Reporting and TDS Limits Differ
Income Tax

Fixed Deposit Tax Rules Explained Because SFT Reporting and TDS Limits Differ

SHUBHAM GOYAL8 months ago
Income TaxTDS on HUDA EDC Payments Upheld Due to Section 194C Applicability
Income Tax

TDS on HUDA EDC Payments Upheld Due to Section 194C Applicability

CA Vijayakumar Shetty8 months ago
Income TaxExemption Allowed Because Auditorium Hiring Was Incidental to Charity
Income Tax

Exemption Allowed Because Auditorium Hiring Was Incidental to Charity

CA Vijayakumar Shetty8 months ago
Income TaxCharitable Status Denied Because Activities Were Commercial in Nature
Income Tax

Charitable Status Denied Because Activities Were Commercial in Nature

CA Vijayakumar Shetty8 months ago
Income TaxReassessment Quashed for Non-Service of Notice: ITAT Delhi Strikes Down Jurisdictional Lapse
Income Tax

Reassessment Quashed for Non-Service of Notice: ITAT Delhi Strikes Down Jurisdictional Lapse

CA Vijayakumar Shetty8 months ago
Income TaxGranting non-exclusive broadcasting rights of feature films cannot be termed as ‘royalty’
Income Tax

Granting non-exclusive broadcasting rights of feature films cannot be termed as ‘royalty’

POONAM GANDHI8 months ago
Income TaxReopening Collapses, All Other Additions Fall: ITAT Delhi Dismisses Revenue’s Appeal
Income Tax

Reopening Collapses, All Other Additions Fall: ITAT Delhi Dismisses Revenue’s Appeal

CA Vijayakumar Shetty8 months ago
Income TaxCSR Grants Are Tied-Up Funds, Not Free Income of Charitable Trust
Income Tax

CSR Grants Are Tied-Up Funds, Not Free Income of Charitable Trust

CA Vijayakumar Shetty8 months ago
Income TaxDemonetisation Cash Deposit Fails ‘Old Withdrawal’ Explanation
Income Tax

Demonetisation Cash Deposit Fails ‘Old Withdrawal’ Explanation

CA Vijayakumar Shetty8 months ago
Income TaxLoose Sheets Alone Not Enough for Taxing Undisclosed Investment
Income Tax

Loose Sheets Alone Not Enough for Taxing Undisclosed Investment

CA Vijayakumar Shetty8 months ago
Income TaxPast U/s 80-IA Relief Doesn’t Guarantee Deduction for New Projects
Income Tax

Past U/s 80-IA Relief Doesn’t Guarantee Deduction for New Projects

CA Vijayakumar Shetty8 months ago
Income TaxBeyond Six Years, Beyond Jurisdiction: Revenue Appeal Fails u/s 153C
Income Tax

Beyond Six Years, Beyond Jurisdiction: Revenue Appeal Fails u/s 153C

CA Vijayakumar Shetty8 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.