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.
Sports Training Treated as ‘Education’; Section 12AB & 80G Registration Allowed
ITAT Denies Section 10(10D) Exemption as Assignment Does Not Alter Nature of Keyman Insurance Policy
Balance 50% Additional Depreciation Allowed in Subsequent Year as First-Year Use Was Below 180 Days: Madras HC
ITAT Delhi Deletes ₹4.30 Cr Addition Due to Timing Difference in Revenue Recognition
Include Previous Owner’s Holding Period for Inherited Property; Section 54EC Relief Allowed: ITAT Ahmedabad
Addition Deleted as Gross Receipts Cannot Be Taxed Without Profit Determination: ITAT Amritsar
ITAT Mumbai Rejects TP Adjustment as Preference Shares Cannot Be Treated as Loans Without Evidence
ITAT Mumbai Deletes LTCG Addition as No Evidence of Share Transaction Being Bogus
Section 54F Deduction Allowed as Investment in Under-Construction Property Treated as Construction
Gujarat HC Quashed Reassessment Notice Due to Absence of Fresh Material After Scrutiny Proceedings
ITAT Deletes Section 43CA Addition as Presumptive Taxation Already Includes Stamp Duty Value
Section 80P(2)(d) Deduction Allowed on Interest from Cooperative Banks: ITAT Amritsar
Critical Assumption in Advance Pricing Agreement
Understanding Section 145(3): Best Judgment Assessment & Powers of AO
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.
