Income Tax
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Gujarat HC Upholds Section 10(38) Exemption as LTCG Was Supported by Evidence
ITAT Mumbai Deletes Section 68 Addition on Sunrise Asian Shares LTCG Claim
Orissa HC Dismisses Review as Section 260A Permits Reformulation of Questions
Higher Profits Alone Cannot Invoke Section 80-IA(10) to Restrict Section 10B Deduction: Bombay HC
Madras HC Quashes Section 276CC Prosecution Where Tax Payable Was Nil
ITAT Panaji Allows Section 80P(2)(d) Deduction on Interest From Co-Operative Bank Deposits
ITAT Delhi Quashes Assessment for Invalid Section 143(2) Notice by Incompetent Authority
Madras HC Quashes Non-Speaking Order Rejecting Stay Under Section 220(6)
HC Upholds Section 153C Notices as Satisfaction Was Recorded Before Completing Search Assessment
Gujarat HC Upholds Section 153C Notices as Seized Gold Related to Assessee
Delay Cannot Defeat Genuine TDS Refund Claim: Gujarat HC
Gujarat HC Condones Delay in Form 10B Filing Due to CA’s Illness
Bombay HC Quashes Final Assessment for Failure to Issue Draft Order Under Section 144C
ITAT Bangalore Remands Section 69A Addition for Verification of Liquor Business Receipts
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.
