Income Tax
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ITAT Mumbai Treats ₹480 Crore Land Sale Gains as Capital Gains After Prolonged Sterilisation
ITAT Hyderabad Allows COVID-19 Relief on PF/ESI Delay, Flood Loss and TDS Credit
ITAT Delhi Restricts 100% Section 40(a)(i) Disallowance to 30% Under DTAA
Rajasthan HC Rejects Quashing Plea in Section 276CC Case Over Delayed ITR Filing
ITAT Hyderabad Restores TDS Credit Claim for Fresh Verification Under Rule 37BA Due to Missing Reconciliation
ITAT Ahmedabad Upholds Section 80GGC Disallowance as Political Donation Was Accommodation Entry
No Section 272A(1)(d) Penalty waiver for Subsequent Appearance Without Explaining Non-Compliance: ITAT
No CWIP Interest Capitalisation for Existing Building, Gujarat HC Rejects MAT Addition
Section 40 BMA Interest Unsustainable on Disclosed Foreign Source: ITAT Chennai
Section 194B Online Gaming Threshold Applies Per Payment, Not Aggregate Winnings: ITAT Mumbai
ITAT Chennai Allows Goodwill Depreciation & Land Development Deduction as Revenue Expenditure
Cash Found in Locker Explained by Assessee, Section 69A Addition Deleted: ITAT Mumbai
Change of Opinion Cannot Justify Reopening Beyond Four Years: Gujarat HC
TDS Exemption on Interest Paid to Non-Member Co-operative Societies under Section 194A(3)(v): Bombay HC
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.
