Income Tax
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ITAT Delhi Quashes Reassessment for Mechanical Section 151 Sanction
ITAT Varanasi Remands ₹1.04 Crore Cash Deposit Addition After Revised SFT
Reassessment Void for Absence of Mandatory Section 143(2) Notice: Gujarat HC
ITAT Mumbai Upholds Section 270A Penalty After Return Filed Only Following Reassessment Notice
Section 13(3) Benefit Alone Cannot Cancel Section 12AB Registration: ITAT Delhi
Bank Draft Seized From Third Party Cannot Establish Assessee Ownership: SC
Bank Draft Seized From Third Party Cannot Establish Assessee Ownership: Bombay HC
JAO Cannot Issue Section 148 Notice: P&H HC Strikes Down Section 147A
Only Real Net Online Gaming Winnings Taxable Under Section 115BB: ITAT Chennai
ITAT Delhi Deletes ₹2.82 Crore Bogus Purchase Addition for Lack of AO Investigation
Section 147A Struck Down, JAO Notices Invalid: Jyoti Sareen (Punjab & Haryana HC)
CIT Vs Sociedade De Fomento Industrial: SC Upholds Section 10B Exemption for New EOU
ITAT Hyderabad Quashes Reassessment for Section 148 Notice Issued on 1 April 2021
Telangana HC Quashes Reassessment Notices Sent After 31 March 2021 as Time-Barred
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.
