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.
CIT(A) Mistaken on VSVS Leads ITAT to Remand Quantum Appeal
AO Didn’t Enquire, CIT(A) Did; Ad-Hoc Additions Crumble; Proper Evidence Beats Estimate
Tribunal Upholds JAO Reassessment Despite Faceless Procedure Requirement
Tribunal Orders Fresh Probe on Rs. 5.24 Cr Land Addition Over 8-km Claim
Section 68 Cannot Apply When No Credit Exists: Tribunal Rejects ₹49.98 Lakh Allegation
Case Restored Because Form 26AS Alone Cannot Justify Taxing Rs. 3.65 Crore
Delhi HC Upholds Prosecution in ₹348 Crore Tax Evasion Case
Interest Paid Deduction Upheld Despite AO’s Re-Examination
Discontinued Business Does Not Transfer Property Ownership to Partners: ITAT Visakhapatnam
ITAT Confirms Client Funds Are Not Advocate’s Income, Deletes U/s 69A Addition
Disclosure of ESOPs from a Foreign Parent Company in an Indian Employee’s ITR
CIT(A) Misread Balance Sheet – Rs.14.73 Lakh U/s 69C Addition Deleted
Interconnect Service Charges Not Royalty: Karnataka HC Dismisses Appeal
ITAT Restores Section 80P Deduction for Cooperative Society Interest Income
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.
