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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 Tax76 Years of Independence, Yet Income Tax Website Still Fails – Who is Responsible?
Income Tax

76 Years of Independence, Yet Income Tax Website Still Fails – Who is Responsible?

CA ABHISHEK SAGAR11 months ago
Income TaxFrom Affection To Assessment Tax Implications of Cash Gifts From Grandparents
Income Tax

From Affection To Assessment Tax Implications of Cash Gifts From Grandparents

Anita Bhadra11 months ago
Income TaxITAT Ahmedabad Quashes ₹2.99 Cr Share Capital Addition – No “Source of Source” for AY 2009-10
Income Tax

ITAT Ahmedabad Quashes ₹2.99 Cr Share Capital Addition – No “Source of Source” for AY 2009-10

CA Vijayakumar Shetty11 months ago
Income TaxSection 143(3) Scrutiny Assessment Overrides CPC Adjustment: ITAT Hyderabad
Income Tax

Section 143(3) Scrutiny Assessment Overrides CPC Adjustment: ITAT Hyderabad

CA Vijayakumar Shetty11 months ago
Income TaxLoans received & repaid cannot be treated as accommodation entries: ITAT Ahmedabad
Income Tax

Loans received & repaid cannot be treated as accommodation entries: ITAT Ahmedabad

CA Vijayakumar Shetty11 months ago
Income TaxITAT Nagpur Condones 729-Day Delay Due to Death of Counsel & Medical Issues
Income Tax

ITAT Nagpur Condones 729-Day Delay Due to Death of Counsel & Medical Issues

CA Vijayakumar Shetty11 months ago
Income TaxPrevious Year vs. Assessment Year under Income Act 1961 & Key Exceptions
Income Tax

Previous Year vs. Assessment Year under Income Act 1961 & Key Exceptions

Shruti Kapoor11 months ago
Income TaxITAT Ahmedabad Allows 10AA Deduction Despite Form 56F Portal Glitch
Income Tax

ITAT Ahmedabad Allows 10AA Deduction Despite Form 56F Portal Glitch

CA Vijayakumar Shetty11 months ago
Income TaxITAT Quashes WhatsApp Chats & Cancelled MOU based Additions
Income Tax

ITAT Quashes WhatsApp Chats & Cancelled MOU based Additions

CA Vijayakumar Shetty11 months ago
Income TaxCIT(A) Erred in Applying Merger Doctrine – Matter Remanded to AO
Income Tax

CIT(A) Erred in Applying Merger Doctrine – Matter Remanded to AO

CA Vijayakumar Shetty11 months ago
Income TaxITAT Mumbai Quashes Reassessment: Contradictory AO Reasons Void Proceedings
Income Tax

ITAT Mumbai Quashes Reassessment: Contradictory AO Reasons Void Proceedings

CA Vijayakumar Shetty11 months ago
Income TaxITAT Hyderabad Condoned 1060-Day Delay Due to Wrong Email ID in Income Tax Appeal
Income Tax

ITAT Hyderabad Condoned 1060-Day Delay Due to Wrong Email ID in Income Tax Appeal

CA Vijayakumar Shetty11 months ago
Income TaxSection 263 Cannot Be Invoked Without Specific Error: ITAT Ahmedabad
Income Tax

Section 263 Cannot Be Invoked Without Specific Error: ITAT Ahmedabad

CA Vijayakumar Shetty11 months ago
Income TaxITAT Nagpur Protects Small Taxpayer: Physical Notices Mandatory When Opted
Income Tax

ITAT Nagpur Protects Small Taxpayer: Physical Notices Mandatory When Opted

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.