Income Tax
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ITAT Deletes Section 68 Addition on Alleged Penny Stock LTCG from Shree Shaleen Textiles Shares
Pune ITAT Restores U/s 12AB Registration and U/s 80G Approval Applications for Fresh Hearing
Pune ITAT Allows Section 80P Deduction on Co-op Bank Interest & Dividend; Section 80P(4) Inapplicable
Section 148 Notice by Officer Lacking Jurisdiction Is Void Ab Initio: ITAT Delhi
CIT(A) Cannot Remand Assessment Under Section 147: ITAT Visakhapatnam
ITAT Hyderabad Remands Appeal After Denial of Requested Virtual Hearing
Pune ITAT: BSNL VRS-2019 Compensation Exempt Under Section 10(10B), Not 10(10C)
Section 14A Applies to Dividend Income but Deletes Disallowance for Lack of Nexus: SC
Demerged Company Must File Revised ITR Based on Revised Audited Accounts: Madras HC
No Section 270A Penalty After Quantum Assessment Quashed: ITAT Chennai
No Section 270A Penalty for Bona Fide Inadvertent Section 35D Claim: ITAT Bangalore
Pune ITAT Remands Agricultural Income Addition for Verification After Land Records Produced
Section 292A Bars Probation for Income Tax Offences: Allahabad HC
Revised Return Doesn’t Bar Capital Loss Carry Forward if Original Return Was Timely: ITAT Bangalore
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.
