Income Tax
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Bogus Purchases Not Fully Disallowable, Only Profit Taxable: ITAT Ranchi
‘Any Other Activity’ Clause in MOA Raises Red Flag – ITAT Upholds Natural Justice, Grants Trust One More Chance
DTAA Relief Not Available Against DDT Liability u/s 115-O: ITAT Pune
Whether ITR and Audit Report Compliance Dates Will Be Extended?
Notice issued by non-jurisdictional AO was invalid rendered addition u/s 69A void ab Initio
KSCAA Flags Delays in ITR Forms and Portal Glitches
Levy of 2% TDS on reimbursable expense in case of CHA: Matter remanded as documents not produced
NGO Registration: Guide to 12A, 80G & Section 8 Company Registration
Multiple residential unit construed as single residential house for exemption u/s. 54
ITAT Kolkata Upholds ₹17.10 Cr Penny Stock Addition
Penny Stock Case: Reassessment Notice u/s 148 Issued by JAO Held Invalid
Gifts from Sister & Father-in-Law Accepted: ITAT Deletes Addition
Error by CA in Form 3CB Leads to IGST Addition of ₹37.92 Lakh: ITAT Remands
Non-Speaking Order by CIT(E) Quashed: ITAT Restores Trust’s 12AB Application
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.
