Income Tax
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Third-Party Excel Sheet Cannot Prove Unexplained Cash Investment: ITAT Agra
Consultant Fraud May Protect Bona Fide Assessee From Penalty: ITAT Bangalore
Flat Sale Gains Taxable as Capital Gains; Search Additions Deleted: ITAT Mumbai
No Section 153A Addition Without Incriminating Search Material: ITAT Mumbai
Section 147 Reassessment Invalid After Search Triggered Section 153A: ITAT Mumbai
Section 147 Reassessment Invalid When Search Material Requires Section 153C: ITAT Agra
Repaid Bank Loans Cannot Be Treated as Unexplained Credits: Gujarat HC
Form 10AB Typographical Error Requires Fresh Registration Adjudication: ITAT Delhi
Share Premium, Bogus Purchases & Demonetisation Additions Deleted: Delhi HC
Post-Resolution Income Tax Assessment Violates IBC Clean Slate: Delhi HC
Section 54 Relief Allowed for Two Flats Used as One Home: ITAT Mumbai
Section 54F Exemption Cannot Be Denied for Using Other Funds: ITAT Agra
Allotment Letter Can Qualify as Agreement for Section 56 Valuation: ITAT Mumbai
Bombay HC Orders Rs. 3.25 Cr Section 244A Interest Payment with 6% Compensation
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.
