Income Tax
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Jabalpur ITAT Remands MAT Dispute Over Partnership Profit Exclusion for Fresh Adjudication
Panaji ITAT Deletes ₹10.91-Lakh Addition Mistaken as Bank Interest Under Section 194N
ITAT Kolkata Dismisses Revenue’s Time-Barred Section 254(2) MA
Panaji ITAT Remands ₹42.45-Lakh TDS Demand on Salary, Rent & Accommodation
Ahmedabad ITAT Allows Goodwill & Brand Depreciation; Deletes ₹106.56 Cr TP Adjustment on Steam Valuation
Jaipur ITAT Deletes FDR, Cash Redeposit Additions; Rejects Arbitrary Estimates
ITAT Restores Section 12AB, 80G Applications After Wrong Provision Selection
Panaji ITAT Allows 80P Deduction on Enhanced Business Income
Madras HC Sets Aside ₹84 Lakh Section 69 Addition in Ex Parte Assessment
Madras HC Stays 2-Year RI Under Sections 276C(2)/278E Pending Appeal
Madras HC: Interest on Corpus Funds Taxable, ₹94.67 Lakh Addition Upheld
Benami Proceedings Need Only Prima Facie Satisfaction at Preliminary Stage: Madras HC
ITAT Deletes ₹32.68 Cr Power and ₹51.64 Cr Steam Adjustments under Section 80-IA
Section 148 Notice to Dissolved Partnership Firm Invalid: ITAT Delhi
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.
