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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 TaxDRAT Penalizes Guarantors with Interest for Negligent Appeal Pursuit
Income Tax

DRAT Penalizes Guarantors with Interest for Negligent Appeal Pursuit

CA Sandeep Kanoi12 months ago
Income TaxDelhi HC Quashes 5% Compounding Charges in Velvet Apple Hotel TDS Case
Income Tax

Delhi HC Quashes 5% Compounding Charges in Velvet Apple Hotel TDS Case

CA Sandeep Kanoi12 months ago
Income TaxITAT Ruling on Section 50C & 54: Indexed Cost of Improvement Allowed
Income Tax

ITAT Ruling on Section 50C & 54: Indexed Cost of Improvement Allowed

CA Sandeep Kanoi12 months ago
Income TaxITAT Chennai Restores Trust’s 80G Application; Directs CIT(E) to Reconsider Under Amended Law
Income Tax

ITAT Chennai Restores Trust’s 80G Application; Directs CIT(E) to Reconsider Under Amended Law

CA Vijayakumar Shetty12 months ago
Income TaxKarnataka HC Directs IT Dept to Refund Excess TDS to Azim Premji Foundation with Interest
Income Tax

Karnataka HC Directs IT Dept to Refund Excess TDS to Azim Premji Foundation with Interest

CA Vijayakumar Shetty12 months ago
Income TaxKarnataka HC Directs Income Tax Dept to Release Refund with Interest
Income Tax

Karnataka HC Directs Income Tax Dept to Release Refund with Interest

CA Vijayakumar Shetty12 months ago
Income TaxITAT Upholds Revenue Recognition, Discounts & Confirms Accrual Method
Income Tax

ITAT Upholds Revenue Recognition, Discounts & Confirms Accrual Method

CA Vijayakumar Shetty12 months ago
Income Tax5 Key Income Tax Provisions Every Indian Taxpayer Should Know
Income Tax

5 Key Income Tax Provisions Every Indian Taxpayer Should Know

gst registration12 months ago
Income TaxITAT Restores Fair Benchmarking on TP Interest & Grants Corporate Tax Reliefs
Income Tax

ITAT Restores Fair Benchmarking on TP Interest & Grants Corporate Tax Reliefs

CA Vijayakumar Shetty12 months ago
Income TaxNo Cash, No Assets, No Trail- Dumb Documents Can’t Sustain ₹23 Cr Addition
Income Tax

No Cash, No Assets, No Trail- Dumb Documents Can’t Sustain ₹23 Cr Addition

CA Vijayakumar Shetty12 months ago
Income TaxKarnataka HC Quashes ₹9.10 Cr Ex-Parte Reassessment for lack of hearing opportunity
Income Tax

Karnataka HC Quashes ₹9.10 Cr Ex-Parte Reassessment for lack of hearing opportunity

CA Vijayakumar Shetty12 months ago
Income TaxReopening Notices for AY 2015-16 Issued After 01.04.2021 Are Invalid & 148A(b) Notice giving less than 7 days is invalid: Karnataka HC
Income Tax

Reopening Notices for AY 2015-16 Issued After 01.04.2021 Are Invalid & 148A(b) Notice giving less than 7 days is invalid: Karnataka HC

CA Vijayakumar Shetty12 months ago
Income TaxMeritorious Cases Not to be Dismissed on Limitation – Appeal Restored
Income Tax

Meritorious Cases Not to be Dismissed on Limitation – Appeal Restored

CA Vijayakumar Shetty12 months ago
Income TaxITAT Mumbai Sends Back NRI Case Over Non-Service of Section 148 Notice
Income Tax

ITAT Mumbai Sends Back NRI Case Over Non-Service of Section 148 Notice

CA Vijayakumar Shetty12 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.