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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 TaxBeyond Delays and Duty Files: AI’s Bold Entry Into Indian Justice
Income Tax

Beyond Delays and Duty Files: AI’s Bold Entry Into Indian Justice

Editor21 year ago
Income TaxAddition u/s. 69A not sustained without proper inquiry of actual beneficiary of cash deposits: Matter restored
Income Tax

Addition u/s. 69A not sustained without proper inquiry of actual beneficiary of cash deposits: Matter restored

POONAM GANDHI1 year ago
Income TaxDisallowance of claim of loss set aside as no record demonstrated assessee’s involvement in price rigging
Income Tax

Disallowance of claim of loss set aside as no record demonstrated assessee’s involvement in price rigging

POONAM GANDHI1 year ago
Income TaxSection 68 Addition of ₹11.66 Cr Unsustainable Without Evidence: ITAT Delhi
Income Tax

Section 68 Addition of ₹11.66 Cr Unsustainable Without Evidence: ITAT Delhi

CA Sandeep Kanoi1 year ago
Income TaxITAT Cuttack Restores Demonetisation Cash Deposit Case for Fresh Hearing
Income Tax

ITAT Cuttack Restores Demonetisation Cash Deposit Case for Fresh Hearing

CA Sandeep Kanoi1 year ago
Income TaxITAT Chandigarh Favors Assessee in Borrowed Funds Nexus Dispute
Income Tax

ITAT Chandigarh Favors Assessee in Borrowed Funds Nexus Dispute

CA Sandeep Kanoi1 year ago
Income TaxMadras HC Allows Set-Off of Business Loss Against Section 50 STCG from depreciable business assets
Income Tax

Madras HC Allows Set-Off of Business Loss Against Section 50 STCG from depreciable business assets

CA Sandeep Kanoi1 year ago
Income TaxITAT Surat Upholds Section 263 Revision for Failure to Examine Notional Rent on Unsold Flats
Income Tax

ITAT Surat Upholds Section 263 Revision for Failure to Examine Notional Rent on Unsold Flats

CA Sandeep Kanoi1 year ago
Income TaxITAT Deletes ₹3.92 Cr Addition on Suppressed Revenue Due to Arithmetical Error
Income Tax

ITAT Deletes ₹3.92 Cr Addition on Suppressed Revenue Due to Arithmetical Error

CA Sandeep Kanoi1 year ago
Income TaxSection 80P(2)(d) Deduction Allowed on Interest from Coop Bank Deposits: ITAT Pune
Income Tax

Section 80P(2)(d) Deduction Allowed on Interest from Coop Bank Deposits: ITAT Pune

CA Sandeep Kanoi1 year ago
Income TaxJ&K HC clarifies on Penalty under Entry Tax Act vs GST and VAT Laws
Income Tax

J&K HC clarifies on Penalty under Entry Tax Act vs GST and VAT Laws

CA Sandeep Kanoi1 year ago
Income TaxITAT Kolkata Quashes Section 143(1)(a) Addition Made Without SCN
Income Tax

ITAT Kolkata Quashes Section 143(1)(a) Addition Made Without SCN

CA Sandeep Kanoi1 year ago
Income TaxSC: Substance over Form-Hyatt Ruling Strengthens India’s PE Jurisprudence
Income Tax

SC: Substance over Form-Hyatt Ruling Strengthens India’s PE Jurisprudence

Ajay Kumar Maggidi1 year ago
Income TaxAddition of unexplained investments must be based on credible, signed documents
Income Tax

Addition of unexplained investments must be based on credible, signed documents

CA Sandeep Kanoi1 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.