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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 TaxCross-Border ESOPs in India: Unresolved Taxation Gap Silently Costing Mobile Professionals
Income Tax

Cross-Border ESOPs in India: Unresolved Taxation Gap Silently Costing Mobile Professionals

Vasu Srivastava2 months ago
Income TaxGross Receipts Cannot Be Taxed if Charitable Expenditure Was Undisputed: ITAT Delhi
Income Tax

Gross Receipts Cannot Be Taxed if Charitable Expenditure Was Undisputed: ITAT Delhi

CA AJAY KUMAR AGRAWAL2 months ago
Income TaxBangalore ITAT Allows Full Exemption for BSNL VRS Compensation 
Income Tax

Bangalore ITAT Allows Full Exemption for BSNL VRS Compensation 

CA Vijayakumar Shetty2 months ago
Income TaxPresumptive Taxation Scheme: Meaning, Eligibility & Implications
Income Tax

Presumptive Taxation Scheme: Meaning, Eligibility & Implications

TG Team2 months ago
Income TaxF&O, Intraday & Share Trading Losses: How to Claim Maximum Tax Benefit Through ITR-3, Set-off and Carry Forward
Income Tax

F&O, Intraday & Share Trading Losses: How to Claim Maximum Tax Benefit Through ITR-3, Set-off and Carry Forward

CA VARUN GUPTA2 months ago
Income TaxSalary Income – Answer to Common issues
Income Tax

Salary Income – Answer to Common issues

TG Team2 months ago
Income Tax8% Profit Addition Deleted as Revenue cannot Change Consistent Accounting Method: ITAT Delhi
Income Tax

8% Profit Addition Deleted as Revenue cannot Change Consistent Accounting Method: ITAT Delhi

CA Sandeep Kanoi2 months ago
Income TaxGujarat HC Quashes Section 271D SCNs as12-Week Deadline Was Missed
Income Tax

Gujarat HC Quashes Section 271D SCNs as12-Week Deadline Was Missed

CA Sandeep Kanoi2 months ago
Income TaxIncome Tax Reopening Quashed as Section 31 of IBC Barred Fresh Tax Proceedings: Gujarat HC
Income Tax

Income Tax Reopening Quashed as Section 31 of IBC Barred Fresh Tax Proceedings: Gujarat HC

CA Sandeep Kanoi2 months ago
Income TaxITAT Deletes TP Adjustment as TNMM Was Consistently Accepted in Earlier Years
Income Tax

ITAT Deletes TP Adjustment as TNMM Was Consistently Accepted in Earlier Years

CA Sandeep Kanoi2 months ago
Income TaxGujarat HC Quashes Assessment as Section 68 Addition Was Made Without Reasons
Income Tax

Gujarat HC Quashes Assessment as Section 68 Addition Was Made Without Reasons

CA Sandeep Kanoi2 months ago
Income TaxITAT Deletes Demonetisation Cash Deposit Addition as Books of Account Were Accepted
Income Tax

ITAT Deletes Demonetisation Cash Deposit Addition as Books of Account Were Accepted

CA Sandeep Kanoi2 months ago
Income TaxITAT Allows Gratuity Deduction as Contribution Was Made to Approved Gratuity Fund
Income Tax

ITAT Allows Gratuity Deduction as Contribution Was Made to Approved Gratuity Fund

CA Sandeep Kanoi2 months ago
Income TaxITAT Quashes Section 263 Revision as AO Examined Depreciation Claim During Scrutiny
Income Tax

ITAT Quashes Section 263 Revision as AO Examined Depreciation Claim During Scrutiny

CA Sandeep Kanoi2 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.