Income Tax
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Income Tax Form Nos. 97 and 98 (Erstwhile Form Nos. 60N and 61N)
Income Tax Form Nos. 93 and 94 (Erstwhile Form No. 49A)
Income Tax Form Nos. 95 and 96 (Erstwhile Form No. 49AA)
Income Tax Form Nos. 134 and 135 (Erstwhile Form No. 49B)
Where Two Tax Views Are Possible: Five Limits on Assessee-Favouring Rule
Is F&O Profit Covered by Presumptive Taxation – and What Exactly Is “Turnover” for F&O?
ITAT Pune Stays ₹4.11 Cr Tax Demand Over Frozen RERA Account
ITAT Kolkata: Suspicion Alone Cannot Justify Bogus LTCG Addition
ITAT Mumbai: Three-Year Outstanding Liability Not Cessation Under Section 41(1)
ITAT Mumbai: Investigation Report Alone Cannot Sustain Penny Stock Addition
ITAT Delhi Deletes ₹5.90 Crore Section 68 Addition for Lack of Evidence
ITAT Mumbai Quashes ₹86.40 Crore Dividend Adjustment Under Section 143(1)
Delhi HC Dismissed Section 40(a)(i) Appeals After Section 201 Proceedings Closed
Mere Non-Payment of Tax Not Attracts Section 276C(2) Prosecution: Kerala 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.
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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.
