Income Tax
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Shah Commission-Based Reassessment Notices Quashed by Karnataka High Court
Hyderabad ITAT: CIT(A) Must Examine Section 249(4)(b) Exemption Claim
TDS Paid Cannot Be Recovered Twice; Delayed Payment Still Attracts Interest: ITAT Mumbai
Hyderabad ITAT Upholds Capital Gain Disallowances, Remands Business Income Error
ITAT Deletes Section 69C Addition of Rs. 10.70 Lakh
ITAT Partly Allows Appeal: Section 68 Addition Sustained, 115BBE Rate Relief Granted for AY 2017-18
ITAT Allows 80G CSR Donations and Deletes Section 14A Disallowance
Hyderabad ITAT Remands ₹54.29 Lakh Addition, Cites Retirement Benefit Credits
Buying Software Is Not Buying Its Copyright: Karnataka HC Rejects Revenue’s “Royalty” Argument
ITAT Grants Major Relief to Reliance Jio: Technology Alone Is Not “Royalty”
ITAT Upholds NPCI’s Section 11 Exemption Despite Transaction-Based Payment Service Fees
A Second Innings-but Not for Free: ITAT Orders Fresh Assessment with ₹50,000 Costs
Dismantling Reassessments Built on Erroneous Jurisdictional Foundations
ITAT Quashes Section 263 Revision, Restores ₹1.24 Crore Section 80JJAA Deduction
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.
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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.
