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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 TaxRule 114E Did Not Cover Co-operative Bank: Section 277A Prosecution Quashed
Income Tax

Rule 114E Did Not Cover Co-operative Bank: Section 277A Prosecution Quashed

CA Vijayakumar Shetty6 days ago
Income TaxWrong Section Cannot Defeat Valid Document Requisition: Karnataka High Court
Income Tax

Wrong Section Cannot Defeat Valid Document Requisition: Karnataka High Court

CA Vijayakumar Shetty6 days ago
Income TaxHomemaker Gets Fresh Opportunity in Section 148A Proceedings: Karnataka HC
Income Tax

Homemaker Gets Fresh Opportunity in Section 148A Proceedings: Karnataka HC

CA Vijayakumar Shetty6 days ago
Income TaxSection 147A Revives JAO Reassessment Battle, Karnataka HC Keeps All Challenges Open
Income Tax

Section 147A Revives JAO Reassessment Battle, Karnataka HC Keeps All Challenges Open

CA Vijayakumar Shetty6 days ago
Income TaxKarnataka HC Revives JAO Reassessment Appeal After Retrospective Section 147A Amendment
Income Tax

Karnataka HC Revives JAO Reassessment Appeal After Retrospective Section 147A Amendment

CA Vijayakumar Shetty6 days ago
Income TaxCancer Treatment Explains Non-Appearance: Karnataka HC Restores Cash Deposit Tax Appeal
Income Tax

Cancer Treatment Explains Non-Appearance: Karnataka HC Restores Cash Deposit Tax Appeal

CA Vijayakumar Shetty6 days ago
Income TaxKarnataka HC Quashes ₹40-Lakh Reassessment for Limitation Breach
Income Tax

Karnataka HC Quashes ₹40-Lakh Reassessment for Limitation Breach

CA Vijayakumar Shetty6 days ago
Income TaxKarnataka HC Quashes AY 2015–16 Reassessment for Belated Section 148 Notice
Income Tax

Karnataka HC Quashes AY 2015–16 Reassessment for Belated Section 148 Notice

CA Vijayakumar Shetty6 days ago
Income TaxSection 148 Notice to Non-Existent Company Not Cured by Revival: Karnataka HC
Income Tax

Section 148 Notice to Non-Existent Company Not Cured by Revival: Karnataka HC

CA Vijayakumar Shetty6 days ago
Income Tax₹37 Crore Came by Bank & Went Back by Bank: ITAT Rejects Revenue’s Section 68 Challenge
Income Tax

₹37 Crore Came by Bank & Went Back by Bank: ITAT Rejects Revenue’s Section 68 Challenge

CA Vijayakumar Shetty6 days ago
Income TaxSilent Creditors Cannot Turn Real Purchases Into Bogus Liabilities: ITAT Deletes ₹6.96 Crore Additions
Income Tax

Silent Creditors Cannot Turn Real Purchases Into Bogus Liabilities: ITAT Deletes ₹6.96 Crore Additions

CA Vijayakumar Shetty6 days ago
Income TaxKerala HC Recalls Limitation Victory After TOLA & SC Extension Overlooked
Income Tax

Kerala HC Recalls Limitation Victory After TOLA & SC Extension Overlooked

CA Vijayakumar Shetty6 days ago
Income TaxSection 10AA Deduction & ₹19.19 Crore TP Adjustments Remanded: ITAT Mumbai
Income Tax

Section 10AA Deduction & ₹19.19 Crore TP Adjustments Remanded: ITAT Mumbai

CA Vijayakumar Shetty6 days ago
Income TaxBelated ITR Filing Request: Kerala HC Directs DCIT to Decide Within One Month
Income Tax

Belated ITR Filing Request: Kerala HC Directs DCIT to Decide Within One Month

CA Vijayakumar Shetty6 days 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.