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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 TaxProvision for leave encashment on actuarial basis is allowable as deduction
Income Tax

Provision for leave encashment on actuarial basis is allowable as deduction

POONAM GANDHI7 months ago
Income TaxSec. 56(2)(x) Inapplicable to Conversion of Optionally Convertible Cumulative Redeemable Preference Shares into Equity Shares
Income Tax

Sec. 56(2)(x) Inapplicable to Conversion of Optionally Convertible Cumulative Redeemable Preference Shares into Equity Shares

POONAM GANDHI7 months ago
Income TaxITAT Deletes Section 68 Addition as AO Relied Solely on Generalized Penny Stock Report
Income Tax

ITAT Deletes Section 68 Addition as AO Relied Solely on Generalized Penny Stock Report

CA Sandeep Kanoi7 months ago
Income TaxITAT Restores Appeal After Wrongful Dismissal for Non-Payment of Advance Tax
Income Tax

ITAT Restores Appeal After Wrongful Dismissal for Non-Payment of Advance Tax

CA Sandeep Kanoi7 months ago
Income TaxITAT Bangalore Quashes U/s 143(3) Assessment for Want of U/s 153C Jurisdiction
Income Tax

ITAT Bangalore Quashes U/s 143(3) Assessment for Want of U/s 153C Jurisdiction

CA Vijayakumar Shetty7 months ago
Income TaxITAT Bangalore Deletes Section 271D Penalty on Cash Sale Receipt
Income Tax

ITAT Bangalore Deletes Section 271D Penalty on Cash Sale Receipt

CA Vijayakumar Shetty7 months ago
Income TaxITAT Bangalore Deletes Section 271FAA Penalty for SFT Delay
Income Tax

ITAT Bangalore Deletes Section 271FAA Penalty for SFT Delay

CA Vijayakumar Shetty7 months ago
Income TaxSecond OGE Non-Est; Two U/s 143(3) r.w.s. 254 Orders for Same AY Invalid – Revenue Appeals Dismissed by ITAT Bangalore
Income Tax

Second OGE Non-Est; Two U/s 143(3) r.w.s. 254 Orders for Same AY Invalid – Revenue Appeals Dismissed by ITAT Bangalore

CA Vijayakumar Shetty7 months ago
Income TaxProsecution for Delayed Self-Assessment Tax Not Ground to Deny Vivad se Vishwas Relief
Income Tax

Prosecution for Delayed Self-Assessment Tax Not Ground to Deny Vivad se Vishwas Relief

CA Sandeep Kanoi7 months ago
Income TaxAgricultural Income: Exemption and Tax Treatment Explained
Income Tax

Agricultural Income: Exemption and Tax Treatment Explained

Editor67 months ago
Income TaxTax Avoidance vs. Tax Evasion: Morality Line – From Legal Loopholes to Court of Public Opinion
Income Tax

Tax Avoidance vs. Tax Evasion: Morality Line – From Legal Loopholes to Court of Public Opinion

Shagun7 months ago
Income TaxHome, Abroad or Both? The Tax Implications of Residential Status in India
Income Tax

Home, Abroad or Both? The Tax Implications of Residential Status in India

Divya Sharma7 months ago
Income TaxTax Audit under Income Tax Act 2025: Do You Know Physical Location & IP Address of Your Financial Data?
Income Tax

Tax Audit under Income Tax Act 2025: Do You Know Physical Location & IP Address of Your Financial Data?

CA Ankit Pathak7 months ago
Income TaxSection 139(8A) Updated Return (ITR-U): Law as Amended and Practical Implications
Income Tax

Section 139(8A) Updated Return (ITR-U): Law as Amended and Practical Implications

CA Vishal Yadav7 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.