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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 TaxCalcutta HC Denies Interest on Refund Adjusted Beyond 20% Pending IT Appeal
Income Tax

Calcutta HC Denies Interest on Refund Adjusted Beyond 20% Pending IT Appeal

CA Sandeep Kanoi10 months ago
Income TaxSection 148 Reassessment Stayed Pending SC Verdict: HP HC
Income Tax

Section 148 Reassessment Stayed Pending SC Verdict: HP HC

CA Sandeep Kanoi10 months ago
Income TaxKerala HC Restores Tax Appeal Dismissed for Delay; Cites AO’s Natural Justice Breach
Income Tax

Kerala HC Restores Tax Appeal Dismissed for Delay; Cites AO’s Natural Justice Breach

CA Sandeep Kanoi10 months ago
Income TaxBombay HC Admits Appeal on Cash Payment Disallowance u/s 40A(3)
Income Tax

Bombay HC Admits Appeal on Cash Payment Disallowance u/s 40A(3)

CA Sandeep Kanoi10 months ago
Income TaxMazumdar Shaw Foundation Gets Scientific Research Tax Approval
Income Tax

Mazumdar Shaw Foundation Gets Scientific Research Tax Approval

editor810 months ago
Income TaxProject Terminated, Shares Worth Zero – ITAT Allows ₹68 Cr Capital Loss Strikes Down 68 Addition
Income Tax

Project Terminated, Shares Worth Zero – ITAT Allows ₹68 Cr Capital Loss Strikes Down 68 Addition

CA Vijayakumar Shetty10 months ago
Income TaxTax Relief on Peak Credit: ITAT Accepts Source of Funds Proved by Group Entity Confirmations
Income Tax

Tax Relief on Peak Credit: ITAT Accepts Source of Funds Proved by Group Entity Confirmations

CA Vijayakumar Shetty10 months ago
Income TaxShare Premium Not Taxable: ITAT Rules Section 56(2)(viib) Not Applicable to Holding-Subsidiary Transactions
Income Tax

Share Premium Not Taxable: ITAT Rules Section 56(2)(viib) Not Applicable to Holding-Subsidiary Transactions

CA Vijayakumar Shetty10 months ago
Income TaxSigned in a Day, Scrapped Forever – 153D Approval for 43 Cases Leads to Complete Collapse of Assessment
Income Tax

Signed in a Day, Scrapped Forever – 153D Approval for 43 Cases Leads to Complete Collapse of Assessment

CA Vijayakumar Shetty10 months ago
Income TaxDeclaration under DTVSV Scheme cannot be rejected merely because NRI has filed appeal manually
Income Tax

Declaration under DTVSV Scheme cannot be rejected merely because NRI has filed appeal manually

POONAM GANDHI10 months ago
Income TaxCivil contempt proceedings against PCIT dropped in absence of wilful disobedience
Income Tax

Civil contempt proceedings against PCIT dropped in absence of wilful disobedience

POONAM GANDHI10 months ago
Income TaxeBay Singapore eligible for DTAA benefit as STCG on sale of Flipkart Singapore’s shares not taxable in India: ITAT Mumbai
Income Tax

eBay Singapore eligible for DTAA benefit as STCG on sale of Flipkart Singapore’s shares not taxable in India: ITAT Mumbai

Adv (CA) Vijay Gupta10 months ago
Income TaxCourt-approved Schemes vs. ‘Slump Sale’ after Finance Act 2021–22: Legal Faultline and Practical Tax Planning
Income Tax

Court-approved Schemes vs. ‘Slump Sale’ after Finance Act 2021–22: Legal Faultline and Practical Tax Planning

Anubhuti Raje10 months ago
Income TaxITR Processed , Refund Issued or Something Else ? Wait that Worries Taxpayers
Income Tax

ITR Processed , Refund Issued or Something Else ? Wait that Worries Taxpayers

Anita Bhadra10 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.