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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 TaxDRC-01 Summary Cannot Replace Show Cause Notice Under GST Law: Gauhati HC
Income Tax

DRC-01 Summary Cannot Replace Show Cause Notice Under GST Law: Gauhati HC

CA Sandeep Kanoi5 months ago
Income TaxSec 68 Addition on Alleged Bogus Loans Remanded – No Independent Enquiry by AO or CIT(A)
Income Tax

Sec 68 Addition on Alleged Bogus Loans Remanded – No Independent Enquiry by AO or CIT(A)

CA Vijayakumar Shetty5 months ago
Income TaxSection 36(1)(va) Disallowance: Budget 2026 Ends Long Litigation—What About Old Cases?
Income Tax

Section 36(1)(va) Disallowance: Budget 2026 Ends Long Litigation—What About Old Cases?

SARABJIT KUMAR5 months ago
Income TaxConcessional Tax Rate Allowed Despite Delay in Form 10-IC Filing as Procedural Lapse
Income Tax

Concessional Tax Rate Allowed Despite Delay in Form 10-IC Filing as Procedural Lapse

CA AJAY KUMAR AGRAWAL5 months ago
Income TaxFather Cannot Represent Son Before ITAT – No Right of Appeal: ITAT Delhi
Income Tax

Father Cannot Represent Son Before ITAT – No Right of Appeal: ITAT Delhi

CA Pawan Garg5 months ago
Income TaxBank Account Seizure Quashed as Director Not Liable for Company’s Tax Dues Due to Separate PAN: Delhi HC
Income Tax

Bank Account Seizure Quashed as Director Not Liable for Company’s Tax Dues Due to Separate PAN: Delhi HC

NITIN GULATI5 months ago
Income TaxITAT Mumbai Orders Allocation of Head-Office Costs to Eligible Units to Compute 10B/80-IB Deductions
Income Tax

ITAT Mumbai Orders Allocation of Head-Office Costs to Eligible Units to Compute 10B/80-IB Deductions

CA Sandeep Kanoi5 months ago
Income TaxITAT Delhi Sets Aside Assessment as Faceless Jurisdiction Was Assumed Prematurely
Income Tax

ITAT Delhi Sets Aside Assessment as Faceless Jurisdiction Was Assumed Prematurely

CA Sandeep Kanoi5 months ago
Income TaxITAT Deletes Tax Adjustment as CPC Failed to Issue Mandatory Intimation Before Processing Return
Income Tax

ITAT Deletes Tax Adjustment as CPC Failed to Issue Mandatory Intimation Before Processing Return

CA Sandeep Kanoi5 months ago
Income TaxSection 80C Deduction & HRA Exemption Rejected as Assessee Failed to Produce Evidence
Income Tax

Section 80C Deduction & HRA Exemption Rejected as Assessee Failed to Produce Evidence

CA Sandeep Kanoi5 months ago
Income TaxAddition for Bogus Sale Upheld as Assessee Failed to Prove Genuine Transactions: Jharkhand HC
Income Tax

Addition for Bogus Sale Upheld as Assessee Failed to Prove Genuine Transactions: Jharkhand HC

CA Sandeep Kanoi5 months ago
Income TaxInadvertent Error in Partnership Deed on Remuneration Limits Cannot Justify Disallowance: ITAT Mumbai
Income Tax

Inadvertent Error in Partnership Deed on Remuneration Limits Cannot Justify Disallowance: ITAT Mumbai

CA Sandeep Kanoi5 months ago
Income TaxTemple Authority Assessment Order Set Aside as Ex-Parte Proceedings Denied Proper Opportunity
Income Tax

Temple Authority Assessment Order Set Aside as Ex-Parte Proceedings Denied Proper Opportunity

CA Sandeep Kanoi5 months ago
Income TaxPenalty Cannot Be Levied for Erroneous DTAA Claim Due to Bona Fide Interpretation of Law
Income Tax

Penalty Cannot Be Levied for Erroneous DTAA Claim Due to Bona Fide Interpretation of Law

CA Sandeep Kanoi5 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.