Income Tax
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ITAT Ahmedabad Deletes Sec 69 Additions; NRI Property, Cash & Stamp Duty Explained with Bank Evidence After DRP Relief
ITAT Ahmedabad Deletes U/s 271D & 271E Penalty; Cash Loans for Son’s Education Genuine, Reasonable Cause U/s 273B Proven
ITAT Raipur Grants Relief Where PAN Status Mix-Up Led to Taxation as Partnership Firm
Charitable Trust Accumulation Reduced & Loan Repayment Disallowed: ITAT Sends Matter Back for Verification
SC Stays TDS Demand Notices Against SBI in Foreign LTC Reimbursement Case
ITAT Ahmedabad: BSNL VRS Exemption U/s 10(10B) Allowed; CIT(A) Cannot Reject Fresh Claim Not Made in Return
Karnataka HC Upholds TDS Demand on Foreign LTC as Section 10(5) Inapplicable
Taxation of Virtual Digital Assets in India: Is the 30% Regime Sustainable?
GAAR in India: A Necessary Shield or a Double-Edged Sword?
No Addition U/s 68 in Search Cases Without Incriminating Material – Penny Stock LTCG Additions Deleted – Dept Appeals Dismissed
ITAT Lucknow Quashes U/s 148 Reopening; U/s 148A(d) Order Passed Before Reply Time & Without Considering Assessee’s Response
Crypto Under Tax Lens: Is India’s Virtual Digital Asset Regime Fair & Future-Ready?
Residential Status and Scope of Total Income under Income Tax Act, 1961
Wrong ITR Section: 10(23C)(iiiad) Exemption Cannot Be Denied Mechanically; Remanded to AO – ITAT Lucknow
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.
