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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 TaxCapital Gain – All you want to know
Income Tax

Capital Gain – All you want to know

TG Team10 months ago
Income TaxSection 87A Tax Rebate Allowed on STCG in New Tax Regime
Income Tax

Section 87A Tax Rebate Allowed on STCG in New Tax Regime

Nitheesh Kumar10 months ago
Income TaxSearch Assessments Quashed: ITAT Rules Section 153D Approval Invalid for Mechanical ‘Rubber Stamp’ Use
Income Tax

Search Assessments Quashed: ITAT Rules Section 153D Approval Invalid for Mechanical ‘Rubber Stamp’ Use

CA Vijayakumar Shetty10 months ago
Income TaxProfits and Gains from Business & Profession- Brief Study
Income Tax

Profits and Gains from Business & Profession- Brief Study

TG Team10 months ago
Income TaxBusiness Expenses Fully Allowable When Assessee Is Active Partner & Proprietor – Disallowance Struck Down
Income Tax

Business Expenses Fully Allowable When Assessee Is Active Partner & Proprietor – Disallowance Struck Down

CA Vijayakumar Shetty10 months ago
Income TaxCharitable Trust 80G Relief: Finance Act 2024 Amendment Removes Rigid Approval Timelines
Income Tax

Charitable Trust 80G Relief: Finance Act 2024 Amendment Removes Rigid Approval Timelines

CA Vijayakumar Shetty10 months ago
Income TaxAll about Income from House Properties
Income Tax

All about Income from House Properties

TG Team10 months ago
Income TaxITAT Quashes Rectification U/S 154: Debatable Issue Cannot Trigger Section 115BBE Special Tax
Income Tax

ITAT Quashes Rectification U/S 154: Debatable Issue Cannot Trigger Section 115BBE Special Tax

CA Vijayakumar Shetty10 months ago
Income TaxEucalyptus Tree Sale Income is Exempt: ITAT Confirms Revenue from Agricultural Land is Tax-Free
Income Tax

Eucalyptus Tree Sale Income is Exempt: ITAT Confirms Revenue from Agricultural Land is Tax-Free

CA Vijayakumar Shetty10 months ago
Income TaxReassessment Quashed: ITAT Rules Wrong Approval Invalidates Bogus LTCG Reopening Beyond 3 Years
Income Tax

Reassessment Quashed: ITAT Rules Wrong Approval Invalidates Bogus LTCG Reopening Beyond 3 Years

CA Vijayakumar Shetty10 months ago
Income TaxBogus LTCG Addition Deleted Under Section 153C: Search Assessment Cannot Rest on Non-Incriminating Evidence
Income Tax

Bogus LTCG Addition Deleted Under Section 153C: Search Assessment Cannot Rest on Non-Incriminating Evidence

CA Vijayakumar Shetty10 months ago
Income TaxProtective Addition Backfires – ITAT Says Firm Not the Earner, Partners Already Taxed
Income Tax

Protective Addition Backfires – ITAT Says Firm Not the Earner, Partners Already Taxed

CA Vijayakumar Shetty10 months ago
Income TaxParallel Tally Data Exposes True Income – ITAT Upholds 153A, Rejects Books & Sustains Major Additions
Income Tax

Parallel Tally Data Exposes True Income – ITAT Upholds 153A, Rejects Books & Sustains Major Additions

CA Vijayakumar Shetty10 months ago
Income Tax CSR May Be Mandatory, But 80G Still Available! ITAT Gives Big Relief to Companies
Income Tax

 CSR May Be Mandatory, But 80G Still Available! ITAT Gives Big Relief to Companies

CA Vijayakumar Shetty10 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.