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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 TaxRecovery proceedings by Income Tax Department during moratorium period not sustainable
Income Tax

Recovery proceedings by Income Tax Department during moratorium period not sustainable

POONAM GANDHI10 months ago
Income TaxAO Cannot Disturb Approved Share Valuation Method selected by assessee: ITAT Delhi
Income Tax

AO Cannot Disturb Approved Share Valuation Method selected by assessee: ITAT Delhi

POONAM GANDHI10 months ago
Income TaxITAT Mumbai Quashes Reopening of Assessment Without New Tangible Evidence
Income Tax

ITAT Mumbai Quashes Reopening of Assessment Without New Tangible Evidence

POONAM GANDHI10 months ago
Income TaxAddition for Unexplained Investment Without Adequate Inquiry not justified: ITAT Jabalpur
Income Tax

Addition for Unexplained Investment Without Adequate Inquiry not justified: ITAT Jabalpur

POONAM GANDHI10 months ago
Income TaxITAT Mumbai Upholds PCIT’s Revision for Lack of Inquiry under Section 263
Income Tax

ITAT Mumbai Upholds PCIT’s Revision for Lack of Inquiry under Section 263

POONAM GANDHI10 months ago
Income TaxReassessment Notice Issued Beyond surviving Time Limit Invalid: Gujarat HC
Income Tax

Reassessment Notice Issued Beyond surviving Time Limit Invalid: Gujarat HC

POONAM GANDHI10 months ago
Income TaxDemonetization Deposits from Genuine Sales Not Unexplained Income: ITAT Agra
Income Tax

Demonetization Deposits from Genuine Sales Not Unexplained Income: ITAT Agra

POONAM GANDHI10 months ago
Income TaxSection 87A on Special-Rate Income: CIT(A) Allows but CBDT Says No – What Should Taxpayers Really Do?
Income Tax

Section 87A on Special-Rate Income: CIT(A) Allows but CBDT Says No – What Should Taxpayers Really Do?

Hanchate Rama Prasada Rao10 months ago
Income TaxAO Cannot Tax Unrelated Income Once Original ‘Reason to Believe’ Is Explained
Income Tax

AO Cannot Tax Unrelated Income Once Original ‘Reason to Believe’ Is Explained

CA Sandeep Kanoi10 months ago
Income TaxITAT Quashes ₹13.87 Crore Addition Under Section 68 for HUF Bank Credits
Income Tax

ITAT Quashes ₹13.87 Crore Addition Under Section 68 for HUF Bank Credits

CA Sandeep Kanoi10 months ago
Income TaxSection 14A Disallowance Must Target Only Income-Yielding Investments
Income Tax

Section 14A Disallowance Must Target Only Income-Yielding Investments

CA Sandeep Kanoi10 months ago
Income TaxCapital Gains Taxable in Year of Possession, Not Registration: ITAT Mumbai
Income Tax

Capital Gains Taxable in Year of Possession, Not Registration: ITAT Mumbai

CA Sandeep Kanoi10 months ago
Income TaxTrade Promotion Activities Recognized as Public Utility by ITAT in Trust Registration Case
Income Tax

Trade Promotion Activities Recognized as Public Utility by ITAT in Trust Registration Case

CA Sandeep Kanoi10 months ago
Income TaxExemption Under Sections 11 & 12 Cannot Be Denied for Procedural Delay in Form 10B: ITAT Hyderabad
Income Tax

Exemption Under Sections 11 & 12 Cannot Be Denied for Procedural Delay in Form 10B: ITAT Hyderabad

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.