Income Tax
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ITAT Bangalore Excludes Comparables, Allows Working Capital Adjustment
Karnataka HC Upholds Quashing of Assessment Ignoring DRP Directions
ITAT Delhi Quashes Section 263 Revision Where PCIT Acted on Audit Proposal
Bombay HC Quashes Section 148 Notices Issued After 1 April 2021
ITAT Quashes Section 263 Revision on Bank Branch Interest Taxability
Ahmedabad ITAT Deletes Section 271D Penalty on Property Sale Cash
ITAT Bangalore Restores ESOP Share Cost Claim for Verification of US Tax and TRC
ITAT Delhi Quashes Section 201 TDS Demand on NOIDA Lease Rent for AY 2012-13
ITAT Mumbai Allows Depreciation on Entire Rs. 268 Crore IPL Franchise Fee
Form 10/10B Delay Not Fatal to Section 11(2) Claim Where Original Filing Was Timely: ITAT Ahmedabad
ITAT Ahmedabad Restores 80JJAA Claim for Delayed Form 10DA Filing
State Bank of India: ITAT Quashes Assessment on Non-Existent State Bank of Indore
Debatable PF/ESI Disallowance Cannot Be Made Under Section 143(1)(a): Chhattisgarh HC
Karnataka HC Remands Wipro’s Foreign Tax Deduction Claim to 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.
