Income Tax
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Delhi ITAT Quashes Reassessment as AO Made No Addition on Reopening Ground
Delhi ITAT Restricts Demonetisation Addition to ₹2 Lakh, Rejects Section 115BBE
Chennai ITAT Remands Section 10(37) Agricultural Land Exemption Claim on Vizhinjam Seaport Acquisition
Chennai ITAT Allows BSNL Retrenchment Benefit Exemption Despite No Revised Return
CBDT Notifies Kerala RERA for Section 11 Exemption
CBDT Notifies Kerala RERA for Section 10(46) Exemption
Chennai ITAT Allows BSNL Ex-Gratia Exemption Despite No Revised Return, Citing CBDT Circular
No Assessee-in-Default Liability for TDS on LTC Reimbursements Paid Under Court Orders: Bangalore ITAT
Mumbai ITAT Deletes Section 68 Addition Based Solely on Investigation Wing Report
Pune ITAT Quashes Reassessment Over Factually Incorrect Section 148 Notice
Pune ITAT Restores Foreign Tax Credit Claim Despite Incorrect Form 67 Disclosure
Pune ITAT Restores Section 40(a)(ia) Disallowance for Fresh Adjudication on Section 194Q TDS Liability
Pune ITAT Reduces Gross Profit Rate from 10% to 7%; Arbitrary Estimation Rejected
Pune ITAT Restores ₹50 Lakh Section 69A Addition for Fresh Verification of Loan Evidence for HUF Karta
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.
