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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 TaxRevenue Appeal Dismissed Due to Wrong Forum Selection
Income Tax

Revenue Appeal Dismissed Due to Wrong Forum Selection

CA Vijayakumar Shetty8 months ago
Income TaxSection 148 Notice Invalid Because PCCIT Approval Was Mandatory
Income Tax

Section 148 Notice Invalid Because PCCIT Approval Was Mandatory

CA Vijayakumar Shetty8 months ago
Income TaxSection 263 Invoked for Failure to Verify Source of Cash Deposits
Income Tax

Section 263 Invoked for Failure to Verify Source of Cash Deposits

CA Vijayakumar Shetty8 months ago
Income TaxRegistration Under U/s 12AB Cannot Be Denied Without Examining Trust Activities
Income Tax

Registration Under U/s 12AB Cannot Be Denied Without Examining Trust Activities

CA Vijayakumar Shetty8 months ago
Income TaxLong-Term Capital Loss Allowed on Tranche-Wise Share Analysis
Income Tax

Long-Term Capital Loss Allowed on Tranche-Wise Share Analysis

CA Vijayakumar Shetty8 months ago
Income TaxFinal Assessment Set Aside Due to Limitation Breach After Invalid TP Order
Income Tax

Final Assessment Set Aside Due to Limitation Breach After Invalid TP Order

CA Vijayakumar Shetty8 months ago
Income TaxRejection of Books Not Enough to Sustain Section 271A Penalty
Income Tax

Rejection of Books Not Enough to Sustain Section 271A Penalty

CA Vijayakumar Shetty8 months ago
Income TaxPenalty Quashed Due to Vague 271(1)(c) Notice Without Specifying Charge
Income Tax

Penalty Quashed Due to Vague 271(1)(c) Notice Without Specifying Charge

CA Vijayakumar Shetty8 months ago
Income TaxFinal Assessment Quashed for Missing One-Month DRP Deadline
Income Tax

Final Assessment Quashed for Missing One-Month DRP Deadline

CA Vijayakumar Shetty8 months ago
Income TaxLoss-Making Co-operative Society Not Liable on Bank Deposits
Income Tax

Loss-Making Co-operative Society Not Liable on Bank Deposits

CA Vijayakumar Shetty8 months ago
Income TaxSection 12A Order Set Aside Due to Breach of Natural Justice
Income Tax

Section 12A Order Set Aside Due to Breach of Natural Justice

CA Vijayakumar Shetty8 months ago
Income TaxReassessment Quashed for Wrong Sanction Under Section 151
Income Tax

Reassessment Quashed for Wrong Sanction Under Section 151

CA Vijayakumar Shetty8 months ago
Income TaxProfit Estimated as Safeguard; Bulk Cash Credit Addition Set Aside
Income Tax

Profit Estimated as Safeguard; Bulk Cash Credit Addition Set Aside

CA Vijayakumar Shetty8 months ago
Income TaxITAT Grants Last Chance in ₹2.28 Cr Unexplained Property Investment Case
Income Tax

ITAT Grants Last Chance in ₹2.28 Cr Unexplained Property Investment Case

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.