Follow Us :

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.

Latest Articles


Practical Intricacies of Section 43B(h)

Income Tax : Explore the practical implications of Section 43B(h) of the Income Tax Act, its applicability, disallowance scenarios, and complia...

March 29, 2024 9 Views 0 comment Print

Residential Status of Individuals under Income Tax Act

Income Tax : Learn why determining residential status matters for income tax in India. Explore the categories, tests, and implications for ind...

March 29, 2024 141 Views 0 comment Print

Transfer Pricing – Part 2 – Compliance and Assessment Procedures

Income Tax : Learn about Transfer Pricing compliance and assessment procedures, including ALP determination, TPO reference, DRP mechanism, APAs...

March 28, 2024 372 Views 0 comment Print

आईटीआर यू के द्वारा आयकर रिटर्न

Income Tax : जानिए कैसे आईटीआर यू के माध्यम से करदाताओं को आयक...

March 28, 2024 201 Views 0 comment Print

Section 43B(h): Disallowances of expenses due to non-payment to MSMEs

Income Tax : Explore Section 43B (h) of the Income Tax Act, 1961, analyzing disallowances of expenses due to non-payment to MSMEs. Effective fr...

March 28, 2024 3741 Views 0 comment Print


Latest News


24X7 Control Room to monitor cash movements for General Elections 2024

Income Tax : Ministry of Finance sets up a 24X7 Control Room for Lok Sabha Elections 2024 in Delhi to monitor cash movements. Toll-free number:...

March 20, 2024 411 Views 0 comment Print

Direct Tax Collections Surge: FY 2023-24 Records Remarkable Growth

Income Tax : Ministry of Finance reveals impressive growth in India's direct tax collections for FY 2023-24, with net collections up by 19.88%,...

March 20, 2024 3804 Views 0 comment Print

Income Tax Dept admits Inconsistencies in Securities Market Data (SFT-17)

Income Tax : Income Tax Department has identified certain inconsistencies in the Statement of Financial Transactions (SFT-17) data related to s...

March 12, 2024 387 Views 0 comment Print

Ministry of Finance Launches e-Campaign for Advance Tax Compliance

Income Tax : The Income Tax Department, under the Ministry of Finance, is set to initiate an e-campaign aimed at enhancing taxpayer compliance ...

March 10, 2024 483 Views 0 comment Print

Guide to Filing Updated Returns Under Section 139(8A)

Income Tax : Learn how to file updated returns under Section 139(8A) of the Income Tax Act within 24 months from the assessment year end. Know ...

March 9, 2024 1572 Views 0 comment Print


Latest Notifications


Changes in ITR form V and Acknowledgement for A.Y 2024 25

Income Tax : Explore amendments in ITR form V & Acknowledgement for A.Y 2024-25 as per Income Tax Act, 1961 & Rules, 1962. Understand filing pr...

March 28, 2024 9972 Views 0 comment Print

Notification No. 36/2024: Income Tax Exemption- National Mission for Clean Ganga

Income Tax : Explore Notification No. 36/2024 by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, concerning the ...

March 26, 2024 225 Views 0 comment Print

CBDT notifies ‘Principal Secretary, Planning Department, UP U/s. 138(1)(a)(iii)

Income Tax : Stay informed with Ministry of Finance Notification No. 35/2024. Learn about the latest specification of 'Principal Secretary, Pla...

March 22, 2024 402 Views 0 comment Print

Corrigendum to Income Tax Notification No. 27 of 2024

Income Tax : Understand the implications of the corrigendum to Income Tax Notification No. 27 of 2024. Get insights into the changes and their ...

March 19, 2024 2589 Views 0 comment Print

CBDT Amends India-Spain Double Taxation Avoidance Agreement (DTAA)

Income Tax : Explore the Notification No. 33/2024 on the agreement between India and Spain for tax exchange. Understand its implications and ch...

March 19, 2024 396 Views 0 comment Print


Latest Posts in Income Tax

Practical Intricacies of Section 43B(h)

March 29, 2024 9 Views 0 comment Print

Explore the practical implications of Section 43B(h) of the Income Tax Act, its applicability, disallowance scenarios, and compliance requirements.

Residential Status of Individuals under Income Tax Act

March 29, 2024 141 Views 0 comment Print

Learn why determining residential status matters for income tax in India. Explore the categories, tests, and implications for individuals, HUFs, firms, and companies.

CIT(A) Can’t dismiss Appeal for Non-Appearance Without Addressing issues on Merits

March 28, 2024 183 Views 0 comment Print

Read the detailed analysis of MARC Laboratories Ltd. vs. DCIT case where ITAT Delhi ruled that CIT(A) lacks authority to dismiss appeals on non-prosecution grounds. Full text available here.

Madras HC Dismisses Petitions on ITR Non-Filing; Allows Case Filing with Trial Court

March 28, 2024 165 Views 0 comment Print

Madras High Court dismisses petitions challenging Income Tax Dept’s criminal complaint for ITR non-filing, grants liberty for trial court presentation. Read the judgment.

ITAT Kolkata Quashes Assessment Order for Violation of Natural Justice

March 28, 2024 195 Views 0 comment Print

Read the full text of ITAT Kolkata’s order in Kanchan Vanijya Pvt Ltd Vs ACIT case, where the assessment order was quashed due to violation of principles of natural justice.

Section 251 not empowers CIT(A) to discover new income source: ITAT Ahmedabad

March 28, 2024 120 Views 0 comment Print

Analysis of Rotex Enterprises P. Ltd. Vs DCIT case: CIT(A) exceeded jurisdiction under section 251, ITAT Ahmedabad rules, disallowances unsustainable.

ITAT Mumbai upholds addition of 12.5% of profit element confirmed by NFAC

March 28, 2024 174 Views 0 comment Print

ITAT Mumbai affirms 12.5% profit addition confirmed by NFAC in ITO Vs Rajesh Amulakhrai Sanghvi case for AY 2009-10. Detailed analysis of the order and its implications.

Transfer Pricing – Part 2 – Compliance and Assessment Procedures

March 28, 2024 372 Views 0 comment Print

Learn about Transfer Pricing compliance and assessment procedures, including ALP determination, TPO reference, DRP mechanism, APAs, and penalties for non-compliance.

NSE’s Core SGF Contribution is allowable expense, not Contingency Reserve

March 28, 2024 63 Views 0 comment Print

Discover the detailed analysis of the case National Stock Exchange of India vs. DCIT where ITAT Mumbai ruled that NSE’s contribution to Core SGF is not considered a contingency reserve.

आईटीआर यू के द्वारा आयकर रिटर्न

March 28, 2024 201 Views 0 comment Print

जानिए कैसे आईटीआर यू के माध्यम से करदाताओं को आयकर रिटर्न भरने की सुविधा मिलती है और कैसे टैक्स दायित्व में अतिरिक्त लेट फीस से बचा जा सकता है।

Search Post by Date
March 2024
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031