Income Tax
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ITAT Quashes Section 153C Order for Common Template-Style Approval Across Years
Marketing & Reservation Fees Not Taxable as FTS under India-US DTAA: ITAT Delhi
ITAT Delhi Upholds CUP Method for Palm Oil Imports; ₹2.18 Cr TP Adjustment Deleted
Section 143(2) Notice by ITO invalid as income exceeded ₹20 lakhs; jurisdiction lies with ACIT/DCIT
Diary Seized During Search Leads to ₹42.98 Lakh Addition; Tribunal Bars 60% Tax Rate
ITAT Upholds Reopening but Deletes ₹9.5 Crore Addition After Property-Wise Verification
Registration Granted: Fees & Surplus Don’t Nullify Charitable Trust Status (Sec. 12A)
When Time Runs Out, So Does Charity: ITAT Upholds Rejection of Delayed Appeal
Karnataka HC Quashes Section 271DA Penalty Notice Issued Beyond Limitation
Finality Prevails: Later SC Judgment Can’t Rectify Concluded ITAT Order
Finality of Order: SC Judgment Cannot Retroactively Rectify ITAT Order
AO Cannot Exceed Section 151A Authority, Reassessment Notices Quashed
Pune ITAT Quashes 263 Revision: AO’s View on Section 80P Deduction Found Plausible
ITAT Mumbai Remands Case: Fresh Verification Ordered on Cost of Improvement in Capital Gains
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.
