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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 TaxFMV on 1 April 2001 Valid for Gifted Property, PCIT’s Revision Quashed
Income Tax

FMV on 1 April 2001 Valid for Gifted Property, PCIT’s Revision Quashed

CA Sandeep Kanoi1 year ago
Income TaxProcedural Lapse Cannot Defeat Justice – Natural Justice Prevails over Technical Default
Income Tax

Procedural Lapse Cannot Defeat Justice – Natural Justice Prevails over Technical Default

CA Vijayakumar Shetty1 year ago
Income TaxWrong clause selection in 12AB registration application – Not Fatal, Matter Remanded
Income Tax

Wrong clause selection in 12AB registration application – Not Fatal, Matter Remanded

CA Vijayakumar Shetty1 year ago
Income TaxCIT(A) Cannot Remand 147/144B Reassessments – Speaking Order Required
Income Tax

CIT(A) Cannot Remand 147/144B Reassessments – Speaking Order Required

CA Vijayakumar Shetty1 year ago
Income TaxTax Is on Real Income, Not Gross Turnover – ITAT Pune on Charitable Club Taxation
Income Tax

Tax Is on Real Income, Not Gross Turnover – ITAT Pune on Charitable Club Taxation

CA Vijayakumar Shetty1 year ago
Income TaxCIT(A) Cannot Dismiss Appeal for Non-Prosecution Without Speaking Order
Income Tax

CIT(A) Cannot Dismiss Appeal for Non-Prosecution Without Speaking Order

CA Vijayakumar Shetty1 year ago
Income TaxPCIT Cannot Re-open Assessments on Mere Suspicion: ITAT Pune
Income Tax

PCIT Cannot Re-open Assessments on Mere Suspicion: ITAT Pune

CA Vijayakumar Shetty1 year ago
Income TaxIncome from Other Sources: Complete Guide to India’s “Catch-All” Tax Category
Income Tax

Income from Other Sources: Complete Guide to India’s “Catch-All” Tax Category

Munivel Thangavel1 year ago
Income TaxRebate u/s 87A and its Applicability to STCG u/s 111A While Filing ITR for AY 2025-26
Income Tax

Rebate u/s 87A and its Applicability to STCG u/s 111A While Filing ITR for AY 2025-26

Purshottam Mishra1 year ago
Income TaxEqualisation Levy: Journey From Inception to Abolition & New Tax Regime
Income Tax

Equalisation Levy: Journey From Inception to Abolition & New Tax Regime

RITESH GARG1 year ago
Income Tax140 Insiders Turn ESOPs into ₹419 Crore Wealth at Eternal – Why Stock Options Matter
Income Tax

140 Insiders Turn ESOPs into ₹419 Crore Wealth at Eternal – Why Stock Options Matter

Affluence Advisory Private Limited1 year ago
Income TaxCIT(A) cannot dodge legal grounds; Section 250(6) Mandates Speaking Order
Income Tax

CIT(A) cannot dodge legal grounds; Section 250(6) Mandates Speaking Order

CA Vijayakumar Shetty1 year ago
Income TaxUnderstanding Deductions under Section 54, 54F for JDA for Landowners
Income Tax

Understanding Deductions under Section 54, 54F for JDA for Landowners

Ashwini1 year ago
Income TaxUnderstanding Deductions under Income Tax Act 1961
Income Tax

Understanding Deductions under Income Tax Act 1961

Ashwini1 year 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.