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.
ITAT Orders Exclusion of Comparable as DRP Had Already Held It Functionally Different
ITAT Restricts Section 14A Disallowance as It Cannot Exceed Exempt Income
ITAT Remands Bogus Purchase Case as Rice Miller Issue Is Pending Before HC
SC Allowed LTCG Exemption as Revenue Failed to Prove Penny Stock Manipulation
DSIR Approval Binding: ITAT Allows Section 35(2AB) Deduction for R&D Expenses
ITAT Condones Appeal Delay as COVID Exemption Period Covered Limitation
7-Day Delay in Filing Return Cannot Defeat Carry Forward of Loss: Calcutta HC
Advertisement Expenses Cannot Trigger TP Adjustment Without AE Arrangement
SC Upholds Quashing of Penny Stock Reopening Because Share Details Were Already Disclosed
Reassessment Invalid as AO Had Only ‘Reason to Suspect’ and Not ‘Reason to Believe’ in Bogus LTCG Case
Ad Hoc Profit Addition Deleted as Books of Account Were Never Rejected by AO
Section 272A(1)(d) Penalty Unsustainable When Scrutiny Assessment Accepted Returned Income
Fee-Based Receipts Cannot Defeat Charitable Status for Environmental Activities: ITAT Delhi
WhatsApp Chats Alone Cannot Justify Section 69A Addition for Jewellery Purchases: ITAT Delhi
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.
