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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 TaxITAT Allows Full Section 57 Interest Deduction Beyond Interest Income
Income Tax

ITAT Allows Full Section 57 Interest Deduction Beyond Interest Income

CA Vijayakumar Shetty3 weeks ago
Income Tax₹9.80 Crore Land Bought for ₹1.58 Crore: ITAT Taxes ₹8.23 Crore Benefit u/s 28(iv)
Income Tax

₹9.80 Crore Land Bought for ₹1.58 Crore: ITAT Taxes ₹8.23 Crore Benefit u/s 28(iv)

CA Vijayakumar Shetty3 weeks ago
Income TaxITAT Delhi Deletes Section 69A Addition on Locker Cash
Income Tax

ITAT Delhi Deletes Section 69A Addition on Locker Cash

CA Sandeep Kanoi3 weeks ago
Income Tax₹1.44 Crore Cash Deposits Claimed as Cycle Sales: ITAT Orders GST/VAT Record Verification
Income Tax

₹1.44 Crore Cash Deposits Claimed as Cycle Sales: ITAT Orders GST/VAT Record Verification

CA Vijayakumar Shetty3 weeks ago
Income TaxReopening u/s 148 Quashed for Borrowed Satisfaction: Gujarat High Court
Income Tax

Reopening u/s 148 Quashed for Borrowed Satisfaction: Gujarat High Court

CA Sandeep Kanoi3 weeks ago
Income TaxSection 68 Cannot Turn Both Loan & Repayment Into Income: ITAT Mumbai
Income Tax

Section 68 Cannot Turn Both Loan & Repayment Into Income: ITAT Mumbai

CA Vijayakumar Shetty3 weeks ago
Income TaxCBDT Enables Income-Tax Information Sharing With Andhra Pradesh Government
Income Tax

CBDT Enables Income-Tax Information Sharing With Andhra Pradesh Government

editor73 weeks ago
Income TaxWhatsApp Messages Without Recovery of Cash Cannot Justify Section 69A Addition: ITAT Jaipur
Income Tax

WhatsApp Messages Without Recovery of Cash Cannot Justify Section 69A Addition: ITAT Jaipur

CA Sandeep Kanoi3 weeks ago
Income TaxITAT Mumbai Quashes Reassessment for Borrowed Satisfaction Based on Investigation Wing Information
Income Tax

ITAT Mumbai Quashes Reassessment for Borrowed Satisfaction Based on Investigation Wing Information

CA Vijayakumar Shetty3 weeks ago
Income TaxSection 142A Cannot Be Used to Artificially Extend Assessment Limitation: Gujarat HC
Income Tax

Section 142A Cannot Be Used to Artificially Extend Assessment Limitation: Gujarat HC

CA Ajay Kumar Agrawal3 weeks ago
Income TaxITAT Delhi Quashes Retrospective 12AB Cancellation for Pre-2022 Violations
Income Tax

ITAT Delhi Quashes Retrospective 12AB Cancellation for Pre-2022 Violations

CA Ajay Kumar Agrawal3 weeks ago
Income TaxITAT Deletes Section 14A Additions Where Opening and Closing Investments Were Nil
Income Tax

ITAT Deletes Section 14A Additions Where Opening and Closing Investments Were Nil

CA Vijayakumar Shetty3 weeks ago
Income TaxITAT Mumbai Sets Aside Section 263 Revision During IBC Moratorium
Income Tax

ITAT Mumbai Sets Aside Section 263 Revision During IBC Moratorium

CA Vijayakumar Shetty3 weeks ago
Income TaxITAT Mumbai Deletes Section 68 Additions on Praveen Kumar Jain Group Loans
Income Tax

ITAT Mumbai Deletes Section 68 Additions on Praveen Kumar Jain Group Loans

CA Vijayakumar Shetty3 weeks 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.