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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


Tax Planning: Strategies for Maximizing Returns and Minimizing Liabilities

Income Tax : Article explains effective tax planning strategies to maximize returns and minimize liabilities. Know about Income Tax deductions,...

April 25, 2024 1065 Views 0 comment Print

Live Webinar with Book on Section 43B(h) (Financial Fitness)

Income Tax : Live Webinar with Book on Section 43B(h) (Financial Fitness) on 10th May 2024, 6:00 pm to 8:00 pm. CA Manoj Lamba will break down ...

April 25, 2024 2070 Views 0 comment Print

Role of TDS in preventing Tax Evasion: How it supports Tax Administration

Income Tax : Explore how Tax Deduction at Source (TDS) acts as a powerful tool to combat tax evasion and streamline tax administration, enhanci...

April 25, 2024 384 Views 0 comment Print

Taxation On Online Gaming

Income Tax : Understand taxation on online gaming: Learn about TDS, net winnings calculation, & rules for withdrawals. Complete guide for gamer...

April 24, 2024 819 Views 0 comment Print

Understanding Slump Sales: A Comprehensive Guide

Income Tax : Learn about the meaning of slump sale, its framework under the Income Tax Act 1961, constituents of a valid slump sale, and tax im...

April 24, 2024 837 Views 0 comment Print


Latest News


Relief to Taxpayers from Tax Demand raised due to Inoperative PAN, Date Extended till 31.05.2024

Income Tax : CBDT Circular No. 6/2024 extends relief to taxpayers from tax demands arising from inoperative PANs. Learn about the conditions an...

April 25, 2024 426 Views 0 comment Print

CPC Bangalore Income tax department to observe grievance redressal month

Income Tax : Explore the grievance redressal mechanism by CPC Bangalore Income Tax Department. Learn about petition submission methods, officer...

April 22, 2024 5697 Views 0 comment Print

Net Direct Tax collections for Financial Year (FY) 2023-24

Income Tax : Net Direct Tax collections (provisional) for Financial Year (FY) 2023-24 exceed Union Budget Estimates by Rs. 1.35 lakh crore i.e....

April 21, 2024 1188 Views 0 comment Print

New FVUs and Return Preparation Utility for e-TDS/TCS Statements

Income Tax : Release of File Validation Utilities (FVUs) and Return Preparation Utility for e-TDS/TCS Statements File Validation Utility (FVU)...

April 20, 2024 5142 Views 0 comment Print

CBDT signs record 125 Advance Pricing Agreements (APAs) in FY 2023-24

Income Tax : CBDT achieves a record 125 APAs in FY 2023-24, marking a 31% increase. Learn about the significance and impact on transfer pricing...

April 17, 2024 633 Views 0 comment Print


Latest Judiciary


Analysing ITAT Kolkata Decision on Britannia Industries Ltd.’s CSR Contributions & Tax Deductions

Income Tax : Explore how ITAT Kolkata ruling on Britannia Industries Ltd. CSR contributions clarifies tax deductions under Section 80G....

April 25, 2024 363 Views 0 comment Print

Form 10B Filing delay due to Auditor Oversight is reasonable Cause: Bombay HC

Income Tax : Learn how the Bombay High Court ruled on Al Jamia Mohammediyah Education Society vs. CIT regarding trust management's delay in fil...

April 25, 2024 2361 Views 0 comment Print

Key Principles Governing Section 153A Jurisdiction & Assessment Procedures

Income Tax : Delve into the detailed analysis of the ITAT Jabalpur's decision in the case of Kalyanika Infra Mega Ventures Pvt. Ltd. Vs Dy.C.I....

April 25, 2024 309 Views 0 comment Print

Contribution to Compensatory Afforestation Fund is revenue expenditure: Bombay HC

Income Tax : Bombay High Court ruling favors Tata Steel, allowing its Rs. 212.52 crores contribution to Compensatory Afforestation Fund as reve...

April 25, 2024 99 Views 0 comment Print

Orissa HC grants bail to Senior Journalist in Economic Offence Case

Income Tax : Read the full text of the judgment/order of Orissa High Court in the case of Surjit Kumar Dhal vs State of Odisha (EOW). Senior jo...

April 25, 2024 321 Views 0 comment Print


Latest Notifications


CBDT Extends Due Dates: Form No. 10A/10AB Filing upto 30th June, 2024

Income Tax : Get insights on Circular No. 7/2024 issued by CBDT, extending due dates for filing Form No. 10A/10AB under the Income-tax Act, 196...

April 25, 2024 6468 Views 0 comment Print

Section 10(46) Notification: Kerala Autorickshaw Workers Welfare Fund Scheme

Income Tax : Explore Notification No. 41/2024-Income Tax regarding Kerala Autorickshaw Welfare Fund Scheme, Kollam. Analysis, impact, and impli...

April 25, 2024 93 Views 0 comment Print

CBDT Circular No. 6/2024: Relief for TDS Deductors on PAN-Aadhar Linkage

Income Tax : Learn about CBDT Circular No. 6/2024 offering relief to TDS deductors for transactions up to March 31, 2024, when PAN becomes oper...

April 23, 2024 35034 Views 2 comments Print

Notification under Section 80G(2)(b) for Shree Ramanuj Kot Trust Indore

Income Tax : Explore the notification under section 80G(2)(b) of the Income Tax Act 1961 for Shree Ramanuj Kot Trust in Indore. Details of vali...

April 23, 2024 213 Views 0 comment Print

Notification No. 39/2024-Income Tax, Dated: 22.04.2024

Income Tax : Discover the significant amendments in Income Tax regulations by the Ministry of Finance, Department of Revenue, Central Board of ...

April 22, 2024 34476 Views 0 comment Print


CBDT Circular No. 6/2024: Relief for TDS Deductors on PAN-Aadhar Linkage

April 23, 2024 35034 Views 2 comments Print

Learn about CBDT Circular No. 6/2024 offering relief to TDS deductors for transactions up to March 31, 2024, when PAN becomes operative by linking with Aadhar. Details & implications.

Tax Know-How for Travel Businesses: Deciphering TDS & TCS Requirement

April 23, 2024 672 Views 0 comment Print

Delve into the intricacies of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) in the travel sector. Learn about their implications and applicability to ensure tax compliance.

Notification under Section 80G(2)(b) for Shree Ramanuj Kot Trust Indore

April 23, 2024 213 Views 0 comment Print

Explore the notification under section 80G(2)(b) of the Income Tax Act 1961 for Shree Ramanuj Kot Trust in Indore. Details of validity and implications provided.

ITAT deletes Addition which were based on Manual Cash Books in Section 153A Assessments

April 23, 2024 471 Views 0 comment Print

Explore the ITAT Delhi ruling on deletion of additions based on manual cash books in Section 153A assessments.

No section 276CC prosecution in absence of “Mens Rea”: Rajasthan HC

April 23, 2024 312 Views 0 comment Print

Explore the Rajasthan High Court’s judgment on delayed ITR filing, emphasizing the necessity of ‘mens rea’ for offense establishment. Full analysis provided.

ITAT allows Section 80P(2)(i) deduction on income from credit facilities for non-agricultural purposes to members

April 23, 2024 240 Views 0 comment Print

Learn how Enayetpur S K U S Ltd secured Section 80P(2)(i) benefits for providing credit facilities for non-agricultural purposes to members according to ITAT Kolkata’s ruling.

FAQ On Reporting of Share Market Transaction in Income Tax Return

April 23, 2024 20043 Views 1 comment Print

In the past few years, Share market has given tremendous return to its investors and traders if they have invested their hard earned money with some logics. Many of them have earned profits, on the other side there are also peoples who have incurred losses due to Future & Options trading, Intraday Trading, investment in […]

WhatsApp Image Cannot Be the Sole Basis for Additions: ITAT Surat

April 22, 2024 4173 Views 0 comment Print

Discover the significance of Surat ITAT’s ruling on digital evidence in tax cases. Learn how the case of Shanker Nebhumal Uttamchandani v. ACIT sheds light on the use of WhatsApp images in assessments.

Possession of Unearthed Material during search Necessary to Invoke Section 153C

April 22, 2024 282 Views 0 comment Print

Explore the intricacies of invoking Section 153C of the Income Tax Act, as clarified by the Delhi High Court, regarding the possession of material unearthed during a search. Detailed analysis and implications.

CPC Bangalore Income tax department to observe grievance redressal month

April 22, 2024 5697 Views 0 comment Print

Explore the grievance redressal mechanism by CPC Bangalore Income Tax Department. Learn about petition submission methods, officer contacts, and escalation procedures.

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