Income Tax
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ITAT Deletes Additions Due to Lack of Corroborative Evidence from Third-Party Documents
Bogus Purchase Addition Remanded Due to Pending HC Decision on Similar Issue
Section 194-IA TDS on Full Property Value Mandatory, Not Linked to Payment Timing: ITAT Bangalore
80G Approval Allowed as No Profit Motive Found in Micro-Credit Activities: ITAT Chennai
ITAT Rebukes CIT(A) for Ignoring Tribunal Order, Directs Fresh Adjudication
Delay in Filing Form 10 Cannot Alone Defeat Section 11(2) Exemption Claim: ITAT Visakhapatnam
SC Upholds Quashing of Reassessment Notices Due to Unproven PE Allegations
Calcutta HC Dismisses Tax Appeal Below ₹2 Crore Limit for Failure to Show CBDT Exception Applies
ITAT Remands Appeal for Fresh Hearing, Imposes ₹20,000 Cost
Reopening of Assessment Upheld Due to Form 26AS Showing Undisclosed Contract Income
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.
