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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 TaxITAT Ahmedabad Pulls Up CIT(A) for Ignoring Remand Directions in Bogus Purchase Case
Income Tax

ITAT Ahmedabad Pulls Up CIT(A) for Ignoring Remand Directions in Bogus Purchase Case

CA Vijayakumar Shetty1 year ago
Income TaxNo Section 263 Revision based on Reassessment Order Sanctioned by Wrong Authority
Income Tax

No Section 263 Revision based on Reassessment Order Sanctioned by Wrong Authority

CA Vijayakumar Shetty1 year ago
Income TaxLand purchase through partners’ capital contributions – ITAT Deletes Addition
Income Tax

Land purchase through partners’ capital contributions – ITAT Deletes Addition

CA Vijayakumar Shetty1 year ago
Income TaxITAT Sets Aside CIT(A) Order for Deciding Unrelated Issues instead of contested additions
Income Tax

ITAT Sets Aside CIT(A) Order for Deciding Unrelated Issues instead of contested additions

CA Vijayakumar Shetty1 year ago
Income TaxFailure to seek DVO Report vitiates 50C addition- ITAT Remands Case to AO
Income Tax

Failure to seek DVO Report vitiates 50C addition- ITAT Remands Case to AO

CA Vijayakumar Shetty1 year ago
Income TaxHC Disallows Deduction of Additional Sugarcane Price in Section 32AB Calculations
Income Tax

HC Disallows Deduction of Additional Sugarcane Price in Section 32AB Calculations

Ajit Sharma1 year ago
Income TaxITAT Chennai Rules Form 67 Timeline Directory, Grants FTC Despite Delay
Income Tax

ITAT Chennai Rules Form 67 Timeline Directory, Grants FTC Despite Delay

CA Vijayakumar Shetty1 year ago
Income TaxPMLA and Income Tax Raids: Legal Rights of Accused
Income Tax

PMLA and Income Tax Raids: Legal Rights of Accused

Suraj Kumar Balmiki1 year ago
Income Tax80IB/80IC deduction Once allowed, can’t be denied later without withdrawing initial year relief
Income Tax

80IB/80IC deduction Once allowed, can’t be denied later without withdrawing initial year relief

CA Vijayakumar Shetty1 year ago
Income TaxTechnical glitch & wrong email justify non-appearance: ITAT orders fresh hearing
Income Tax

Technical glitch & wrong email justify non-appearance: ITAT orders fresh hearing

CA Vijayakumar Shetty1 year ago
Income TaxNo Incriminating Material, No Disallowance; ITAT Deletes Farm Expense Disallowances
Income Tax

No Incriminating Material, No Disallowance; ITAT Deletes Farm Expense Disallowances

CA Vijayakumar Shetty1 year ago
Income TaxGovernment Withdraws Income-tax Bill, 2025
Income Tax

Government Withdraws Income-tax Bill, 2025

Editor1 year ago
Income TaxITAT Bangalore deletes Section 271D penalty as AO failed to record satisfaction
Income Tax

ITAT Bangalore deletes Section 271D penalty as AO failed to record satisfaction

CA Vijayakumar Shetty1 year ago
Income TaxSection 148 Reassessment Invalid for Want of Notice to Legal Heir: ITAT Delhi
Income Tax

Section 148 Reassessment Invalid for Want of Notice to Legal Heir: ITAT Delhi

Adv (CA) Vijay Gupta1 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.