Income Tax
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TDS Credit Denied Where Income Taxed in Another Entity’s Hands: ITAT Bangalore
Foreign Tax Credit Can’t Be Denied for Technical Lapses if Form 67 Was Timely Filed: Bengaluru ITAT
8% Commission Income Estimate Without Evidence Unsustainable: Bengaluru ITAT
No Proposal to Scrap LTCG Tax, Govt Clarifies FPI G-Sec Tax Exemption
No Proposal to Scrap LTCG Tax: Finance Ministry
Finance Ministry Clarifies Section 43B(h) and 45-Day MSME Payment Rule
CIT cannot Cancel Section 12A Registration Before Section 12AA(3) Insertion: SC
Section 148 Notice Uploaded After Limitation Time-Barred: Calcutta HC
Gujarat HC Upholds Section 148 Reopening Based on Fresh Survey Material
Madras HC Upholds Additions Based on Corroborated Loose Sheets
Madras HC Upholds Jurisdictional AO’s Power to Issue Section 148A Notice
No Section 43 BMA Penalty for Bona Fide Schedule FA Non-Disclosure of Foreign ESOPs
FCRA Renewal Rejection Alone Cannot Deny Section 12AB Registration: ITAT Mumbai
Insolvency Does Not Prevent Civil Arrest Without Statutory Protection: DRAT Chennai
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.
