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.
ITAT Kolkata: 2581-Day Appeal Filing Delay Condoned – Matter remanded to AO with ₹25,000 cost
Ex Parte Order Set Aside: ITAT Remands Case with Rs.50,000 Cost for Non-Compliance
Demonetization Cash Deposit: ITAT Remands Addition Due to Lack of Proper Inquiry
Unexplained investment in house upheld – Loans from relatives not proved: ITAT Delhi
Ex-parte Assessment Set Aside for Fresh Adjudication: ITAT Upholds CIT(A)’s Power u/s 251(1)(a)
Capital Balance Explained Through Earlier Year’s ITR: ITAT Agra deletes Addition
Black Diary Notings Held Dumb & Reconciled: ITAT Mumbai Deletes ₹7.23 Cr Additions
Reassessment Invalid If No Addition on Original Reason: ITAT Jaipur
Religious Wording Alone Doesn’t Make a Trust Religious; 5% Tolerance Limit Must Be Verified
CPC Can’t Deny 80IE Deduction Without Intimation; Late Form 10CCB Filing Before Assessment Held Valid
CPC Cannot Deny Section 115BAB Tax Rate Without Hearing: ITAT Ahmedabad
Provision for Salary Arrears Held Allowable When Made Pursuant to Court Order: ITAT Guwahati
Commission from Marketing Members’ Produce Eligible for 80P Deduction: ITAT Delhi
Section 69A/69B: Excel noting retracted statements cannot justify additions – ITAT Mumbai
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.
