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.
Assessment Quashed as Final Order Passed Beyond Section 153 Time Limit: ITAT Hyderabad
Commission Not Bogus When Payee Exists & Taxed: ITAT Deletes ₹51.37 Lakh Disallowance
Cash Repayment of Loans Attracts Section 271E Penalty Despite Prior Section 68 Addition
Addition of cash already taxed in a relative’s income is impermissible: ITAT Patna
Limitation for ITAT Rectification Starts on Date of Receipt of Order: Bombay HC
Delay in Form 10-B Filing Conditionally Allowed Due to Treasurer’s Age & Pandemic
Legal control under a JDA constitutes transfer for capital gain: ITAT Kolkata
CIT(A) Order Set Aside as Advance Tax Requirement Misapplied in Loss Case
Rule 37BA Cannot Override Section 5A While Granting TDS Credit to Goa Residents
Profit Capped at 7% Because Search Confession Could Not Be Applied to Past Years
Cash Deposit Explained, Books Not Rejected: Section 68 Addition Collapses
ITAT Bangalore Set Aside Section 80G Denial for Lack of Adequate Opportunity
Tax Penalty Proceedings Deferred Until Quantum Appeal Resolution
Wrong PAN, Wrong 26AS, Wrong Addition: Hyper-Technical Dismissal Set Aside
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.
