Income Tax
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ITAT Deletes Duplicate ICDS Disallowance on Tangible Fixed Assets
Bangalore ITAT Quashes Reassessment on Non-Existent Company After LLP Conversion
ITAT Chennai Deletes Section 69A Addition on Explained SBN Deposits During Demonetisation
Delhi ITAT Deletes ₹15.90 Lakh Addition; Genuine Sale Not Bogus Due to Buyer’s Status
Delhi ITAT Remands ₹1.17 Crore Addition After Trust Alleges Forged Bank Account
Section 271D Penalty Cannot Survive After Quantum Assessment Is Quashed: Delhi ITAT
Debenture Redemption Reserve Not Book Profit Reserve Under Section 115JB: ITAT Ahmedabad
Delhi ITAT: AO Cannot Add New Issues After Dropping Reopening Reason
Bombay HC Admits Revenue Appeal on Investment Write-Off, Rejects Challenge to Inventory and Bad Debts
Delhi ITAT: Genuine Form 10B Error Not a Bar to Section 11 Exemption; AO to Consider Revised Form
For Other Person, Date of Search is Date of Handing Over of Seized Material: Delhi ITAT
Section 148 Notice Quashed as AO Revisited Already Examined Section 10AA Claim: Bombay HC
Delhi ITAT Remands Reassessment Over Alleged Fraudulent Misuse of PAN and Identity
Omission of Section 92BA(i) Invalidates Specified Domestic Transfer Pricing Proceedings: Delhi ITAT
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.
