Income Tax
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ITAT Jaipur Deletes ₹6.26 Cr. Addition u/s 68 on Sub-Contract Receipts – Double Taxation Avoided
ITAT Upholds Section 263 Revision as AO not verified 99% Subcontracting Expenses
Section 68 not applies Where Cash Deposits Traceable to Agricultural Loan & Income
Regrouping of liabilities: ITAT Hyderabad deleted ₹7 crore Section 69 addition
Wrongly Filed Updated Return Due to Consultant’s Error Cannot Justify Extra Tax
When AO Verifies Agricultural Income, PCIT Cannot Revise: ITAT Chandigarh
ITAT Surat: 263 Orders Passed Just to ‘Keep Issue Alive’ Set Aside for Fresh Adjudication
ITAT Chennai Quashes Reassessment: Section 148 Notice by JAO After 29.03.22 Invalid
Late fee u/s. 234E set aside as first three quarters TDS return filed before 4th quarter due date
10% Tolerance Limit u/s 56(2)(x) Applies Retrospectively: ITAT Mumbai
Reassessment Invalid If Approval Taken from PCIT Instead of JCIT: ITAT Mumbai
CA Association Requests Income Tax Deadline Extensions from FM
AOTAA Seeks Extension of ITR and Tax Audit Report Filing Deadlines
Dulquer Salman & Section 87A Rebate: A Victory for Fair Tax Treatment
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.
