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 69A Addition of ₹1.86 Cr Set Aside for Lack of Verification of College Fee Collections
ITAT Appeal Dismissed as Infructuous After HC Quashes Recall Under Section 254(2)
Entire Share Sale Proceeds Can’t Be Taxed as Capital Gains: ITAT Visakhapatnam
Interest on Co-operative Bank FDs Still Eligible for 80P Deduction: ITAT Pune
Disclosure During Search Not Enough to Invoke Section 271AAB, Penalty Set Aside
Voluntary Search Disclosure Alone Can’t Attract 271AAB Penalty: ITAT Hyderabad
Cash Labour Payments Cannot Be Disallowed on Guesswork: ITAT Pune
Section 43B Allows GST Deduction Once Payment Is Made & Late Payment Charges Not a Penalty
No Concurrent Jurisdiction Between FAO and JAO Under Reassessment Law: ITAT Visakhapatnam
Assessment u/s. 153C quashed due to lack of jurisdiction
Reassessment Fails When Jurisdictional Officer Issues Section 148 Notice
Zero Revenue Alone Not a Ground to Disallow Business Expenses: ITAT Delhi
TDS not deductible on interest paid to senior citizen based on Form 15H, hence Bank not assessee in default
Delayed Filing Blocks 80P Deduction: ITAT Upholds CPC Adjustment
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.
