Income Tax
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ITAT Mumbai Dismisses Revenue Appeal for Want of Territorial Jurisdiction
ITAT Kolkata: CIT(A) Cannot Remand Assessment Not Made Under Section 144
ITAT Kolkata Differs on Section 148 Limitation and Refers Reopening Issue to Third Member
ITAT Raipur Quashes Section 148A(b) Notice for Lack of Seven Clear Days
Fifty Hawkers, Six Dates & Identical ₹20,000 Deposits-Symmetry Fails to Prove Evidence U/s 68
Offshore maintenance services not FIS under India-US DTAA: ITAT Delhi
CSR Deduction under Section 80G Valid Where AO Took a Plausible View: ITAT Mumbai
ITAT Deletes ₹7.5 Cr Section 69C Addition on Recorded Consultancy Expenses
Section 68 Additions Cannot Rest Solely on Investigation Report: ITAT Mumbai
Third-Party Statement Alone Insufficient for ₹4 Cr Section 68 Addition: ITAT Mumbai
CSR expenditure eligible for Section 80G deduction despite Section 37(1) disallowance: ITAT Mumbai
ITAT Pune Deletes Rs. 29.61 Crore Section 68 Addition on Partners’ Capital
Chhattisgarh HC Upholds Section 148 Reopening on Unexplained Demonetisation Cash Deposits
Pending SLP Does Not Dilute Binding Delhi HC Ruling on Section 153C Limitation: ITAT Delhi
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.
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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.
