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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 TaxSports Trust’s Charitable Status Sent Back for Review Due to SC’s AUDA Interpretation
Income Tax

Sports Trust’s Charitable Status Sent Back for Review Due to SC’s AUDA Interpretation

CA Sandeep Kanoi9 months ago
Income TaxITAT Allows leave encashment benefit u/s 10(10A) for service with Govt undertaking prior to restructuring
Income Tax

ITAT Allows leave encashment benefit u/s 10(10A) for service with Govt undertaking prior to restructuring

Adv (CA) Vijay Gupta9 months ago
Income TaxNew vs Old Tax Regime: Which One Honestly Works Better for You?
Income Tax

New vs Old Tax Regime: Which One Honestly Works Better for You?

Vansh Wadhwa9 months ago
Income TaxUnexplained investment addition relying solely upon unverified excel sheet and loose sheet cannot be sustained
Income Tax

Unexplained investment addition relying solely upon unverified excel sheet and loose sheet cannot be sustained

POONAM GANDHI9 months ago
Income TaxReopening of assessment for wrong year is illegal and unsustainable
Income Tax

Reopening of assessment for wrong year is illegal and unsustainable

POONAM GANDHI9 months ago
Income TaxITAT Mumbai Deletes ₹1.26 Cr Income Addition for Lack of Income Character
Income Tax

ITAT Mumbai Deletes ₹1.26 Cr Income Addition for Lack of Income Character

CA Vijayakumar Shetty9 months ago
Income TaxITAT Delhi Strikes Down 271DA Penalty for Missing Satisfaction in Assessment Order
Income Tax

ITAT Delhi Strikes Down 271DA Penalty for Missing Satisfaction in Assessment Order

CA Jatin Minocha9 months ago
Income TaxFEMA Penalties Reduced Despite Hawala & Undervaluation: Tribunal Partly Relieves Family
Income Tax

FEMA Penalties Reduced Despite Hawala & Undervaluation: Tribunal Partly Relieves Family

CA Vijayakumar Shetty9 months ago
Income TaxShareholding Dilution from Fresh Issue Does Not Trigger Capital Gains: ITAT Delhi
Income Tax

Shareholding Dilution from Fresh Issue Does Not Trigger Capital Gains: ITAT Delhi

CA Vijayakumar Shetty9 months ago
Income TaxITAT Mumbai Condones Delay of Housewife-Assessee & Remands Matter to CIT(A) for Fresh Disposal on Merits
Income Tax

ITAT Mumbai Condones Delay of Housewife-Assessee & Remands Matter to CIT(A) for Fresh Disposal on Merits

CA Vijayakumar Shetty9 months ago
Income TaxTransfer order u/s. 127 made without serving notice upon assessee is invalid and inoperative
Income Tax

Transfer order u/s. 127 made without serving notice upon assessee is invalid and inoperative

POONAM GANDHI9 months ago
Income TaxDisallowances Sustained Due to Lack of Evidence Against CIT(A)’s Verification
Income Tax

Disallowances Sustained Due to Lack of Evidence Against CIT(A)’s Verification

CA Vijayakumar Shetty9 months ago
Income TaxITAT Deletes 36(1)(iii) Interest; Remands Rent/Salary for Verification
Income Tax

ITAT Deletes 36(1)(iii) Interest; Remands Rent/Salary for Verification

CA Vijayakumar Shetty9 months ago
Income TaxITAT Dismisses Revenue’s 14A, TDS & LTCG Grounds Against PNB
Income Tax

ITAT Dismisses Revenue’s 14A, TDS & LTCG Grounds Against PNB

CA Vijayakumar Shetty9 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.