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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 TaxAgricultural Income Accepted as Valid Source for Credit Card Payments: ITAT Delhi
Income Tax

Agricultural Income Accepted as Valid Source for Credit Card Payments: ITAT Delhi

CA Sandeep Kanoi11 months ago
Income TaxITAT Rajkot Deletes Unexplained Cash Addition for Senior Citizen Citing CBDT Limit
Income Tax

ITAT Rajkot Deletes Unexplained Cash Addition for Senior Citizen Citing CBDT Limit

CA Sandeep Kanoi11 months ago
Income TaxITAT Delhi Quashes Reassessment Where No Addition Made on Recorded Reasons
Income Tax

ITAT Delhi Quashes Reassessment Where No Addition Made on Recorded Reasons

CA Vijayakumar Shetty11 months ago
Income TaxJoint Name in Sale Deed Irrelevant Without Contribution: ITAT Mumbai Deletes Rs. 1.76 Cr Addition
Income Tax

Joint Name in Sale Deed Irrelevant Without Contribution: ITAT Mumbai Deletes Rs. 1.76 Cr Addition

CA Vijayakumar Shetty11 months ago
Income TaxRs. 3.50 Cr Bogus Loan Addition: ITAT Delhi Quashes Reassessment Over Wrong PAN & Mechanical Approval
Income Tax

Rs. 3.50 Cr Bogus Loan Addition: ITAT Delhi Quashes Reassessment Over Wrong PAN & Mechanical Approval

CA Vijayakumar Shetty11 months ago
Income TaxDiary Entries of Earlier Year Cannot Justify 153C Notice – ITAT Mumbai Quashes Assessment
Income Tax

Diary Entries of Earlier Year Cannot Justify 153C Notice – ITAT Mumbai Quashes Assessment

CA Vijayakumar Shetty11 months ago
Income TaxITAT Mumbai Upholds Section 54 Exemption Despite Technical Objection
Income Tax

ITAT Mumbai Upholds Section 54 Exemption Despite Technical Objection

CA Vijayakumar Shetty11 months ago
Income TaxAd hoc Expense Disallowance & Alleged Inflated Vessel Valuation Deleted – ITAT Delhi
Income Tax

Ad hoc Expense Disallowance & Alleged Inflated Vessel Valuation Deleted – ITAT Delhi

CA Vijayakumar Shetty11 months ago
Income TaxITAT Delhi Strikes Down Mechanical 153D Approvals, Quashes Assessments
Income Tax

ITAT Delhi Strikes Down Mechanical 153D Approvals, Quashes Assessments

CA Vijayakumar Shetty11 months ago
Income TaxInterest on FD from Borrowed Funds During Construction Is Capital, Not Taxable: ITAT Mumbai
Income Tax

Interest on FD from Borrowed Funds During Construction Is Capital, Not Taxable: ITAT Mumbai

CA Vijayakumar Shetty11 months ago
Income TaxSection 37 of Income-Tax Act: Business Expenditure Deduction & Case Law
Income Tax

Section 37 of Income-Tax Act: Business Expenditure Deduction & Case Law

CA Rahul Sharma11 months ago
Income TaxPCIT Cannot Revise AO’s Enquiry on CSR & 80G Deduction: ITAT Mumbai
Income Tax

PCIT Cannot Revise AO’s Enquiry on CSR & 80G Deduction: ITAT Mumbai

CA Vijayakumar Shetty11 months ago
Income TaxITAT Mumbai Quashes CIT(A) Remand Over Clerical Error, Orders TP Issue on Merits
Income Tax

ITAT Mumbai Quashes CIT(A) Remand Over Clerical Error, Orders TP Issue on Merits

CA Vijayakumar Shetty11 months ago
Income TaxEmployee Gets Full TDS Credit Even When Employer Defaults on Payment: ITAT Bangalore
Income Tax

Employee Gets Full TDS Credit Even When Employer Defaults on Payment: ITAT Bangalore

CA Vijayakumar Shetty11 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.