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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 TaxPenalty u/s. 270A quashed as specific limb u/s. 270A(9) not specified
Income Tax

Penalty u/s. 270A quashed as specific limb u/s. 270A(9) not specified

POONAM GANDHI10 months ago
Income TaxManner of Revision of Tax Audit Reports under Income-tax Act, 1961
Income Tax

Manner of Revision of Tax Audit Reports under Income-tax Act, 1961

CA Aman Rajput10 months ago
Income TaxITAT Delhi Quashes 153C Assessments for Lack of Specific Satisfaction Note
Income Tax

ITAT Delhi Quashes 153C Assessments for Lack of Specific Satisfaction Note

CA Sandeep Kanoi10 months ago
Income TaxITAT Surat Restores Trust’s 12A Registration Plea After Ex Parte Rejection by CIT(E)
Income Tax

ITAT Surat Restores Trust’s 12A Registration Plea After Ex Parte Rejection by CIT(E)

CA Sandeep Kanoi10 months ago
Income TaxITAT Mumbai Allows Retrospective 5% Tolerance Relief Under Section 56(2)(x)
Income Tax

ITAT Mumbai Allows Retrospective 5% Tolerance Relief Under Section 56(2)(x)

CA Sandeep Kanoi10 months ago
Income TaxSection 69A Addition Unsustainable When Sales Already Taxed: ITAT Ahmedabad
Income Tax

Section 69A Addition Unsustainable When Sales Already Taxed: ITAT Ahmedabad

CA Sandeep Kanoi10 months ago
Income TaxITAT Chennai Remands Case on Reopening Validity for AY 2015-16 to CIT(A)
Income Tax

ITAT Chennai Remands Case on Reopening Validity for AY 2015-16 to CIT(A)

CA Sandeep Kanoi10 months ago
Income TaxITAT Delhi Quashes Reassessment for AY 2015-16 as Notice Issued Beyond Limitation Period
Income Tax

ITAT Delhi Quashes Reassessment for AY 2015-16 as Notice Issued Beyond Limitation Period

CA Sandeep Kanoi10 months ago
Income TaxCo-op Bank Interest Not Eligible for 80P(2)(d) but Section 57 Deduction Permitted
Income Tax

Co-op Bank Interest Not Eligible for 80P(2)(d) but Section 57 Deduction Permitted

CA Sandeep Kanoi10 months ago
Income TaxRenewal of Fixed Deposit Not Unexplained Investment: ITAT Delhi Deletes Addition
Income Tax

Renewal of Fixed Deposit Not Unexplained Investment: ITAT Delhi Deletes Addition

CA Sandeep Kanoi10 months ago
Income TaxKerala HC Upholds Section 263 Revision for Lack of Inquiry in Slump Sale Assessment
Income Tax

Kerala HC Upholds Section 263 Revision for Lack of Inquiry in Slump Sale Assessment

CA Sandeep Kanoi10 months ago
Income TaxITAT Allows 12A Registration to Government-Controlled Temple Without Trust Deed
Income Tax

ITAT Allows 12A Registration to Government-Controlled Temple Without Trust Deed

CA Sandeep Kanoi10 months ago
Income TaxITAT Allows 80P(2)(d) Deduction on Interest from Co-op Bank Deposits to Co-op Society
Income Tax

ITAT Allows 80P(2)(d) Deduction on Interest from Co-op Bank Deposits to Co-op Society

CA Sandeep Kanoi10 months ago
Income TaxNo Section 14A Disallowance Without Exempt Income: ITAT Mumbai
Income Tax

No Section 14A Disallowance Without Exempt Income: ITAT Mumbai

CA Sandeep Kanoi10 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.