Income Tax
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Principles of natural justice prevail – ITAT directs fresh hearing in penny stock commission case
ITAT Mumbai remands ₹3 crore addition case – directs AO to verify FDs, cash & flat investment afresh
Penny stock theory fails again – Revenue can’t rely on generic Investigation Wing reports: ITAT Mumbai
Income Tax reassessment order was quashed for delay in issuing sec.143(2) notice
Reassessment order was quashed in absence of a valid section 143(2) notice
ITAT Allows Delayed JDA Tax Appeal Due to Bereavement, Illness & COVID-19 Disruptions
Penalty on Notional House Property Income Quashed by ITAT – Section 271AAB overrides 271(1)(c)
Relief or Burden: What Every Taxpayer Should Know About New Income Tax Act, 2025
Once Books Accepted, Cash Deposits Can’t Be Doubted: ITAT Jabalpur
CSR Violation Presumption Invalid Without MCA Finding: ITAT Clarifies
Penny stock addition deleted – Investigation Wing report alone not enough
ITAT Pune Confirms CPC Adjustment – Late PF/ESI Payments Not Deductible
Trust Loses Registration Due to Staff Error – ITAT Pune Restores 12A Application
CIT(A) Cannot Dismiss Appeal for Non-Appearance Alone: ITAT Pune
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.
