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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 TaxHalf-Way Condonation Invalid: Time-Barred Appeal Can’t See Merits
Income Tax

Half-Way Condonation Invalid: Time-Barred Appeal Can’t See Merits

CA Vijayakumar Shetty8 months ago
Income TaxNFAC Order Quashed for Casual and Non-Application of Mind
Income Tax

NFAC Order Quashed for Casual and Non-Application of Mind

CA Vijayakumar Shetty8 months ago
Income TaxLimitation Runs From Statutory Reply Period, Not Actual Reply Date
Income Tax

Limitation Runs From Statutory Reply Period, Not Actual Reply Date

CA Vijayakumar Shetty8 months ago
Income TaxAppeals Rejected Due to Unexplained Nine-Year Delay in Filing
Income Tax

Appeals Rejected Due to Unexplained Nine-Year Delay in Filing

CA Vijayakumar Shetty8 months ago
Income TaxPCIT Overreach Defeats Revision on Depreciation and CSR Claims
Income Tax

PCIT Overreach Defeats Revision on Depreciation and CSR Claims

CA Vijayakumar Shetty8 months ago
Income TaxNon-Compliance Alone Can’t Justify ₹12 Lakh Cash Addition
Income Tax

Non-Compliance Alone Can’t Justify ₹12 Lakh Cash Addition

CA Vijayakumar Shetty8 months ago
Income TaxGovernment subsidy received under rehabilitation scheme is capital receipt
Income Tax

Government subsidy received under rehabilitation scheme is capital receipt

POONAM GANDHI8 months ago
Income TaxNo Rule 46A Breach When CIT(A) Calls Records Suo-Motu: ITAT
Income Tax

No Rule 46A Breach When CIT(A) Calls Records Suo-Motu: ITAT

CA Vijayakumar Shetty8 months ago
Income TaxCBDT Grants Scientific Research Approval to Indian Institute of Science Education & Research
Income Tax

CBDT Grants Scientific Research Approval to Indian Institute of Science Education & Research

Editor8 months ago
Income TaxCBDT Grants Scientific Research Approval to Christian Medical College Vellore
Income Tax

CBDT Grants Scientific Research Approval to Christian Medical College Vellore

Editor8 months ago
Income TaxProperty Sale Deductions Get Second Chance: Capital Gains Recomputed
Income Tax

Property Sale Deductions Get Second Chance: Capital Gains Recomputed

CA Vijayakumar Shetty8 months ago
Income TaxExplained LRS Remittances Can’t Be Taxed as Peak Credit
Income Tax

Explained LRS Remittances Can’t Be Taxed as Peak Credit

CA Vijayakumar Shetty8 months ago
Income TaxThird-Party Statement Alone Insufficient to Treat Loan as Bogus
Income Tax

Third-Party Statement Alone Insufficient to Treat Loan as Bogus

CA Vijayakumar Shetty8 months ago
Income TaxBig Dividend, Real Costs: ITAT Upholds Rule 8D Disallowance
Income Tax

Big Dividend, Real Costs: ITAT Upholds Rule 8D Disallowance

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.