Income Tax
Log in to FollowGet 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.
ITAT Ahmedabad Quashes Assessment on Non-Existent Entity – AO Duly Informed of Amalgamation
“Either…Or” Reasons Show AO’s Non-application of mind: ITAT Ahmedabad quashes Reopening
Interest u/s 234B on Updated Return to be calculated only till Filing Date: ITAT Pune
ITAT Chennai allows Foreign Tax Credit Claim Despite Delay in Form 67 Submission
Reassessment Void for Approval from Incorrect Authority Beyond Three Years
ESOP Expenses and CSR Donations Are Tax Deductible: ITAT Mumbai
Deeming Gains, Not the Asset: Section 50AA Under the Lens
Under Pre-Amendment Law, No ‘Source of Source’ Proof Needed for Section 68
ITAT Mumbai: 60% Tax u/s 115BBE Applies to AY 2017–18 on Unexplained Cash Deposits
Karnataka HC quashes CBDT rejection, Orders liberal approach in condoning delay for trust
CIT(A) overreach: ITAT Mumbai quashes addition on land purchases, remands 43CA issue to AO
When Portal Goes Beyond Notified Form – Curious Case of Form No. 35
Sufficient cause shown for not attending hearing before CIT(A): Matter restored back to CIT(A)
ITAT Jaipur Deletes ₹1.5 Crore Addition for Alleged Bogus Loans
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.
