Income Tax
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Revenue Appeal Dismissed as Assessment Order Exceeded Mandatory Section 144C Time Limit
Delhi HC Deletes Section 68 Addition as Revenue Failed to Link Cash Deposit to Assessee
Delhi HC Dismisses Section 68 Appeal as Revenue Failed to Show Findings Were Perverse
SC Upholds Section 68 Relief as Concurrent Findings Were Not Perverse
Ahmedabad ITAT Quashes Reassessment Beyond Four Years as Mere Change of Opinion; Deletes ₹1.33 Crore Disallowance Under Section 37(1)
Gujarat HC Dismisses Section 68 Appeal as Assessee Discharged Initial Burden
Ahmedabad ITAT Condones 1,701-Day Delay, Grants BSNL VRS Exemption and Orders Income Tax Refund
Ahmedabad ITAT Deletes Bogus LTCG Addition; Independent Enquiry Essential
Ahmedabad ITAT Deletes Section 69A Addition on Cash Deposits; Accepts Cash Savings and Bank Withdrawals as Explained Source
Ahmedabad ITAT Remands LTCG Assessment; AO Directed to Consider Valuation Report and Additional Evidence
FAQs on Authority for Advance Ruling/Board for Advance Rulings
Income Below 6% or 8%: Is Tax Audit Compulsory Under Section 58(3)?
Senior Citizen Tax Clinic – Part 1: ITR filing Simplified
NRI ITR Filing in India: Taxable Income, TDS Refund, DTAA & NRE/NRO Accounts
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.
