Income Tax
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CPC Cannot Make PF/ESI Disallowance on Debatable Issues: ITAT Orders Fresh Verification
Debtor’s Unilateral Write-Off Isn’t Cessation of Liability: ITAT Delhi
ITAT Rajkot Allows Appeal as No Proper Opportunity Was Given to Explain Case
AMP Expenditure Not an International Transaction: Delhi HC Reaffirms
Government TDS Deposition Without ITNS 281: Complete Book-Entry Procedure
60% Section 115BBE Tax Not Applicable to Income Surrendered Before Notification
Department’s Preemptive Action on Fraudulent ITC Blocked by Delhi HC
No Section 80P(2)(d) deduction on interest from co-operative bank: Karnataka HC
Protective Additions Not Justified Without Partner Substantiation, ITAT Allows Fresh Hearing
ITAT Kolkata Quashes Reassessment Notice Against Deceased Assessee
ITAT Dismisses Revenue Appeal Under ₹60 Lakh Tax Effect, Citing CBDT Circular
Delhi HC Upholds Disallowance of EPF/ESI Late Payment Despite Technical Glitches
ITAT Remands Case After Penalty Confirmed for Inaccurate Income Reporting
ITAT Deletes Section 68 Addition: Assessee Proves Identity, Genuineness & Creditworthiness
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.
