Income Tax
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Delhi HC Upholds Deletion of Section 68 Addition Made in Wrong Assessment Year
Interest from Co-operative Bank FDs Qualifies for Section 80P(2)(d) Deduction: Mumbai ITAT
ITAT Patna Partly Allows Appeal on Statutory Interest and Section 14A Disallowance
ITAT Mumbai Allows Section 54F Exemption on House Purchased from Husband
Bombay HC Quashes Reassessment for Unsigned Section 151 Approval
Mumbai ITAT Quashes AY 2014-15 Reassessment Beyond Seven-Day Surviving Limitation
Mumbai ITAT Deletes ₹31.57 Lakh Addition on Imaginary Rent from Unsold Flats
Mumbai ITAT: Co-op Housing Society Gets Section 80P(2)(d) Deduction on Bank Interest
Mumbai ITAT Allows 22% Section 115BAA Rate as Form 10-IC Continued
Wrong Section 151 Approval: Mumbai ITAT Quashes ₹25.02 Lakh Section 69C Addition
Mumbai ITAT Quashes AY 2019-20 Reassessment Over Invalid PCIT Approval
Mumbai ITAT Quashes Section 69A Addition Over Invalid Reassessment Approval
Mumbai ITAT Restores Section 11 Claim Where Revised Form 10B Was Timely Filed
ITAT Deletes ₹90 Lakh Cash Addition Supported by Books and Withdrawals
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.
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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.
