Income Tax
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Technical Quashing of Reassessment Does Not End Tax Prosecution: P&H HC
Section 69A Addition Remanded as Remand Report Not Supplied: ITAT Bangalore
Foreign Salary Credited to an NRE Account: ITAT Rejects Demand for Foreign Tax Returns
ITAT Bangalore Allows Section 80P Deduction on Co-operative Bank Interest and Reserve Deposits
ITAT Delhi Remands ₹75.33 Lakh Section 69A Addition After Finding CIT(A)’s Order Cryptic
Capital Reduction Cannot Be Taxed as Buyback Under Section 115QA: ITAT Delhi
24-Hour Mistake That Could Cost Your Business Millions: Avoiding EPF Trap
GST Registration Beyond Turnover: CTP, NRTP and Mandatory Registration Cases
Recorded Cash Sales Cannot Be Taxed Again Under Section 69A: ITAT Amritsar
BookMyShow Convenience Fee Not Subject to Section 194H TDS: ITAT Bangalore
No Section 194H TDS Where Collection Centres Retain Margin: Bombay HC
Section 115JB MAT Not Applicable to Kerala Electricity Board: Kerala HC
Section 54EC Deduction Allowed for Investments Across Two Financial Years: ITAT Bangalore
Section 271(1)(c) Penalty on Withdrawn Section 35 Donation Deduction Deleted: ITAT Ahmedabad
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.
