Income Tax
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ITAT Mumbai Deletes Notional Rent on Unsold Flats Held as Stock-in-Trade
Section 12AA Registration Cannot Be Denied Over Related-Party Rent: MP HC
Supreme Court Disposes Jay Ace Technologies SLP in Terms of Abhisar Buildwell
Power Plant Trial Run Sufficient to Allow Interest as Revenue Expense: ITAT Delhi
ITAT Mumbai Rejects Section 68 Addition Based on Mere Suspicion & Investigation Report
ITAT Mumbai Quashes PCIT Order Seeking Fresh Verification of Joint Venture Funds
ITAT Mumbai Rejects ₹9.85 Cr Section 68 Addition Based on Suspicion & Surmises
ITAT Deletes Rs.1.05 Crore Addition Based on WhatsApp Messages & Retracted Statement
ITAT Delhi Quashes Section 153A Assessment for Lack of Incriminating Search Material
ITAT Mumbai Allows Section 11 and 12 Exemption Despite Form 10B Filing Delay
Market Research Expenses to Improve Sales Are Revenue Expenditure: Bombay HC
ITAT Allows Section 54F Deduction for Two Flats in Same Building
Third-Party Data and PAN Mention Alone Cannot Prove Unaccounted Purchases: Bangalore ITAT
Fire-Safety Compliance Is Material for Section 12AB Registration of a School: Bangalore ITAT
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.
