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.
Rajasthan HC Quashes Section 148 Tax Notice Issued by JAO, Citing Precedent
Dispute Over ₹39.91 Lakh Bank of Baroda Deposit: ITAT Remands Matter to AO
ITAT Delhi Remands Case Back to CIT(A) for Fresh Hearing – Non-Speaking Order Set Aside
From Business to House Property: Understanding the Shift in Taxing Rental Income
CSR Donations Eligible for 80G Deduction: ITAT Mumbai Clarifies in Revision Case
Cooking the Books? ITAT Amritsar Applies 8% Profit Rate on Suppressed Turnover of Food Firm
Independent Income of Wife cannot be clubbed blindly with Husband’s Income
PCIT Cannot Invoke Section 263 to Impose Section 270A Penalty: ITAT Ahmedabad
Real Estate ‘On-Money’: Only Profit Taxable, Not Gross Receipts: ITAT Ahmedabad
PCIT, Don’t Cross Your Limit – Section 263 Can’t Expand Scrutiny: ITAT Ahmedabad
Private Trusts with Single Beneficiary Entitled to Slab Rates, Not MMR: ITAT Jaipur
Appeals Cannot Be Dismissed Without Proper Notice to Assessee: ITAT Amritsar
ITAT Pune Upholds 263 Revision: AO’s Failure to Verify 54F Claim Renders Order Erroneous
Lack of substantiation & evidence: Bank Credits & Salary Additions Upheld
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.
