Income Tax
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ITAT Quashes Reopening After 4 Years as Shortage Claim Was Already Examined
Delhi ITAT Deletes Sections 271D & 271E Penalties for Farmers’ Cash Transactions
Section 148 Notice Quashed as TDS and Expense Claims Were Already Scrutinized: Gujarat HC
Delhi ITAT: Belated Form 10B Filing Is Procedural; Section 11 Exemption Cannot Be Denied
CBDT Procedure for Delayed Income Tax Refund Claims Under Section 119(2)(b)
Delhi ITAT Quashes Reassessment for Failure to Issue Mandatory Notice under Section 143(2)
ESOP Taxation Guide: Perquisite Tax, Capital Gains and Compliance
Investment in BARC Does Not Violate Section 11(5) as It Was Policy-Driven, Not Commercial: ITAT Delhi
Mumbai ITAT: PCIT Cannot Invoke Section 263 on Issues Already Pending Before CIT(A)
ITAT Deletes ₹17.85 Lakh Addition on Sikkim Land Sale Cash Deposits Under Section 10(26AAA)
No Evidence of Accommodation Entry, Section 10(38) Exemption Allowed: ITAT Mumbai
ITAT Delhi Sets Aside Section 153C Assessments Due to Common Section 153D Approval
Reassessment Notice Issued by JAO Instead of NFAC Remitted Back to HC for Fresh Consideration: SC
ITAT Order Must Be Judged by Law Prevailing When Passed, Not Later Amendment: Telangana 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.
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.
