Income Tax
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Denial of virtual hearing vitiates appellate order: ITAT restores matter for fresh hearing
Delay Condoned, Demonetisation Cash-Deposit Case Restored
Section 144C doesn’t extend outer time limit: ITAT Hyderabad quashes TP final order as barred by limitation
SC Dismisses Delayed SLP, Upholds Quashing of Reassessment Notices
Bombay HC Quashes Reassessment and Notices as Illegal and Arbitrary
Delay Condoned for 81-Year-Old, Capital Gains Reassessment Restored
Rule 46A Violated as Appeal Decided Without Complete Remand Exercise
Maharashtra PSI-2007 incentive is capital receipt: ITAT allows ₹37.85-cr subsidy, rejects revenue tag
Reassessment against deceased assessee sustained as department not informed about death
Reassessment Quashed as Notice Was Not Served on Registered Email
JAO lacked jurisdiction to reopen assessments after 29.03.2022: Telangana HC
Cash-Basis Professional Can’t Be Taxed on Mere 26AS Entries; ITAT Deletes Addition
Cash Loan Above ₹20,000 Not a Defence to Cheque Bounce: Supreme Court Restores NI Act Rigour
One notice, rushed hearing, delayed service: ITAT restores appeal citing breach of natural justice
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.
