Income Tax
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Consistently Followed Project Completion Method Cannot Be Rejected: ITAT Surat
Sections 54B & 54F Deductions Reopened: ITAT Ahmedabad Remands Capital Gains Case for Fresh Adjudication
Environmental Trust’s Contractual Receipts Held Charitable: Section 11 Exemption allowed
Demonetisation Cash Deposits Taxed Due to No Business Necessity
Income Tax Assessment Quashed as Final Order Was Passed Beyond Statutory Limitation: ITAT Delhi
SC Sets Aside HC Direction to CBDT to Modify Income-Tax Software System
Bombay HC Quashed Section 148 Reassessment Notice for Approval by Wrong Authority
Estimated Commission Addition Cannot Trigger Concealment Penalty: ITAT Mumbai
Retracted Third-Party Statement Alone Insufficient for Section 68 Addition: ITAT Mumbai
Excess Income Tax Refund Set-Off Against Disputed Penalty Impermissible: Bombay HC
Exemption Under Section 10(26AAA) Allowed as Sikkim Old Settler Status Recognised
₹1.38 Cr Unaccounted Profit Addition Remanded Due to Non-Speaking Appellate Order
Decoding Budget Amendments in NRI Taxation – Post-Budget Special | Live Focused Session
Taxation of Unexplained Investments and Credits Under Section 115BBE
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.
