Income Tax
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ITAT Kolkata Deletes ₹1.59 Crore Bogus Sales/Paper Trading Addition
ITAT Kolkata Deletes GP Addition, Rules AO Cannot Enhance Without Rejecting Books
ITAT Deletes ₹3.80 Lakh Leave Encashment Addition, Rules CPC Lacked Jurisdiction
Sale of Agricultural Land Remains Non-Taxable Despite Industrial Use by Buyer
ITAT Deletes Addition on Sale of Penny Stock Blazon Marbles Limited
Mere disclosure of additional income under 153C not concealment of Income
Investment in residential plot qualifies for Section 54F deduction: ITAT Delhi
ITAT Delhi Quashes Section 270A Penalty on Estimated Income Addition
Income Tax Notices Cannot Target Custodian Employees for Valid Business Shipments
ITAT Deletes Disallowances on Foreign Commission, Warranty Provision & 14A
Computation of TCS & GST liability on Sale of Vehicles
Merger Does Not Bar Income Tax Reassessment Notice: MP HC
Assessee’s Request for Hearing Extends Time u/s 148A -Patna HC Upholds Notice u/s 148
Database Access Receipts Not Royalty; No DAPE for UK Entity: ITAT Mumbai
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.
