Income Tax
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Entire Sales Receipts Cannot Be Taxed Under Section 69A: ITAT Bangalore
ITAT Deletes Section 69A Addition, Allows Section 80-IA Deduction on Consistency Principle
Taxation of Capital Gain in India – FAQs
ITAT Deletes Cash Deposit Addition as Source Was Prior Bank Withdrawals
Accepted Sales Sufficient; Debtor Confirmations Not Mandatory: ITAT Deletes Demonetisation Additions
Carry Forward and Set Off of Losses with FAQs
ITAT Bangalore Deletes Bonus Disallowance, Penalty as CIT(A) Ignored Evidence
Clubbing of Income under Income Tax Act, 1961 with FAQs
Recorded Cash Receipts Cannot Be Treated as Unexplained Money: Bangalore ITAT
FAQs on Income from house property
Taxability of Gift received by an individual or HUF with FAQs
Cross-Border ESOPs in India: Unresolved Taxation Gap Silently Costing Mobile Professionals
Gross Receipts Cannot Be Taxed if Charitable Expenditure Was Undisputed: ITAT Delhi
Bangalore ITAT Allows Full Exemption for BSNL VRS Compensation
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.
