Income Tax
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ITAT Mumbai Upholds Reinsurance Deduction & 60% Software Depreciation for Insurer
Actuarially Valued Pension Liability Is Allowable Deduction: ITAT Mumbai
ITAT Delhi Sets Aside 12A Registration Rejection Over Defective Provisional Registration
ITAT Mumbai Allows ₹26.44 Lakh Business Loss Carry Forward for Timely LLP Return
ITAT Rajkot Rejects Section 69A Addition Based on Suspicion of Inflated Jewellery Sales
Salary TDS May Eliminate Section 249(4)(b) Advance-Tax Requirement: ITAT Visakhapatnam
Assessment against deceased assessee null & void under Section 153A: ITAT Amritsar
ITAT Hyderabad Quashes Reassessment for Invalid Section 151 Approval, Penalty Deleted
Reassessment Notice Beyond SC-Protected Limitation Is Invalid: Allahabad HC
Section 115JB MAT Not Applicable to National Dairy Development Board: Gujarat HC
Business Commencement Date Cannot Replace Incorporation Date Under Section 54GB: ITAT Hyderabad
Clerical Error by Return Preparer Does Not Create Taxable Income: ITAT Delhi
BookMyShow Convenience Fee Outside Section 194H TDS: ITAT Mumbai
Post-Polio Disability Justifies 607-Day Appeal Delay: ITAT Rajkot
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.
