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 43B Disallowance for unpaid GST/Service Tax Invalid if not claimed in P&L
Business Loss of ₹7.66 Cr from NSEL Suspension was allowable as bad debt u/s 36(1)(vii)
SC directs consideration of Charitable Status as per AUDA Judgment
Section 148 Notice Issued After Limitation Quashed by Karnataka High Court
Delay in 80G Application Can Be Condoned Under Amended Law: ITAT Chennai
ITAT Allows Belated 80G Application to Be Considered Under Amended Clause (iv)(B)
Reassessment Notices Quashed as Beyond Scope of Section 151A: Karnataka HC
Reassessment under Section 153A Invalid Without Incriminating Material: Karnataka HC
Leave Encashment Exemption Limit Hiked to ₹25 Lakh: Case Remanded for Fresh Review
Entire Purchase Can’t Be Disallowed as Bogus When Sales Are Accepted: ITAT Chennai
TDS on NRI Property Purchase: Form 26A Proof Can Shield Buyer from Default u/s 201
Reopening Invalid If Section 148 Notice Issued Before Formal Sanction: ITAT Kolkata
Mechanical Acceptance of Return: ITAT Upholds Section Revision in Liquor Trader’s Case
Ex-parte Section 68 Additions of ₹3.07 Cr Set Aside: ITAT Permits Additional Evidence
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.
