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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 TaxNo Double Taxation: ITAT Pune Deletes ICDS and Provision Reversal Additions Due to Consistent Accounting
Income Tax

No Double Taxation: ITAT Pune Deletes ICDS and Provision Reversal Additions Due to Consistent Accounting

CA Vijayakumar Shetty10 months ago
Income TaxITAT Hyderabad Condonation of Delay: Appeal Restored After NFAC Sent Notices to Wrong Email
Income Tax

ITAT Hyderabad Condonation of Delay: Appeal Restored After NFAC Sent Notices to Wrong Email

CA Vijayakumar Shetty10 months ago
Income TaxSection 69A matter remanded back as additional evidences needs verification of lower authority
Income Tax

Section 69A matter remanded back as additional evidences needs verification of lower authority

POONAM GANDHI10 months ago
Income TaxOrder passed u/s. 263 without considering submissions is non-speaking order
Income Tax

Order passed u/s. 263 without considering submissions is non-speaking order

POONAM GANDHI10 months ago
Income TaxITAT Deletes Sales Promotion Disallowance for Consistent Business Practice
Income Tax

ITAT Deletes Sales Promotion Disallowance for Consistent Business Practice

CA Vijayakumar Shetty10 months ago
Income TaxEnhancement by CIT(A) without giving notice u/s. 251 is vitiated in law
Income Tax

Enhancement by CIT(A) without giving notice u/s. 251 is vitiated in law

POONAM GANDHI10 months ago
Income TaxITAT Delhi Rules DigiCert License Fees Not Taxable as FTS
Income Tax

ITAT Delhi Rules DigiCert License Fees Not Taxable as FTS

CA Jatin Minocha10 months ago
Income TaxPenalty towards breach of contract cannot be disallowed under Explanation to Section 37(1)
Income Tax

Penalty towards breach of contract cannot be disallowed under Explanation to Section 37(1)

POONAM GANDHI10 months ago
Income TaxReassessment Notice Quashed for Lack of Proper Sanction under Section 151
Income Tax

Reassessment Notice Quashed for Lack of Proper Sanction under Section 151

CA Sandeep Kanoi10 months ago
Income TaxITAT Jaipur Upholds Bogus Loan Additions, Slams Assessee’s Counsel for Misconduct
Income Tax

ITAT Jaipur Upholds Bogus Loan Additions, Slams Assessee’s Counsel for Misconduct

Adv (CA) Vijay Gupta10 months ago
Income TaxITAT Delhi Quashes Reopening Based on Bogus Purchases for Being Time-Barred
Income Tax

ITAT Delhi Quashes Reopening Based on Bogus Purchases for Being Time-Barred

Adv (CA) Vijay Gupta10 months ago
Income TaxNotice u/s. 143(2) issued by non-jurisdictional officer is unwarranted: ITAT Delhi
Income Tax

Notice u/s. 143(2) issued by non-jurisdictional officer is unwarranted: ITAT Delhi

POONAM GANDHI10 months ago
Income TaxAddition towards unsecured loan sustained as three ingredients u/s. 68 not established
Income Tax

Addition towards unsecured loan sustained as three ingredients u/s. 68 not established

POONAM GANDHI10 months ago
Income TaxAO Cannot Reopen Assessment U/s. 147 Before 143(2) Period Expires: ITAT Mumbai
Income Tax

AO Cannot Reopen Assessment U/s. 147 Before 143(2) Period Expires: ITAT Mumbai

CA Vijayakumar Shetty10 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.