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.
Accepted Sales Failed to Rescue Bogus Purchases: Hyderabad ITAT Sustains ₹3.93 Crore Addition
Section 153C Applies Where Search Warrant Names Another Person: Karnataka HC
Search is Person-Specific: Karnataka HC Upholds Section 153C Proceedings
ITAT Deletes ₹20.39-Lakh Double Additions u/s 69A & 69C
ITAT Deletes ₹81.40-Lakh On-Money Addition for Lack of Evidence
Ignorance Cannot Excuse 689-Day Delay Against Section 263 Order, ITAT Holds
ITAT Corrects ₹3.74-Crore Error & Restores Additions u/s 56(2)(vii)(b), 144 & 147
No Section 69 Addition, No 271AAC Penalty, ITAT Quashes Section 263 Revision
ITAT Grants New Tax Regime Benefit Despite E-Verification Delay
Section 28 Interest Travels With Land Compensation: ITAT Deletes ₹14.26-Lakh Addition
Turnover Is Not Income: ITAT Cuts ₹7.15-Lakh Addition to ₹71,560 U/s 44AD
ITAT Upholds Deletion of ₹1.01-Crore Penalty u/s 271(1)(c) After Addition Was Deleted
ITAT Restores ₹16.19-Lakh Section 54 Disallowance for Verification
ITAT Applies Section 201(1) Proviso Where HUDCO Paid Tax, Subject to Form 26A
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.
