Income Tax
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ITAT Delhi on Default under Section 201 & its Impact on Disallowance u/s 40(a)(ia)
Challenge to remand order of Tribunal wouldn’t survive for further consideration: Writ disposed of
TDS u/s. 194J not deductible on payment of Franchise Expense by liquor company
Share Premium Valuation: ITAT Delhi Upholds DCF Valuation, Deletes ₹46 Cr Addition
No Cross-Examination, No Bogus Purchase Disallowance: ITAT Delhi
ITAT Delhi Quashes 271B Penalty on Amul Milk Dealer Acting as Commission Agent
CIT(A) Lacks Power to Dismiss Appeals for Non-Prosecution: ITAT Bangalore
Form 10-IC Error does not bind assessee to New Tax Regime: ITAT Mumbai
CSR Donations Eligible for Section 80G Deduction – ITAT Mumbai Quashes 263 Order
Meagre Spending Not a Ground to Deny Section 12AA & 80G Registration
Third-party loose sheets & retracted statements not justify section 69 addition
Bogus Purchase addition: Purchases Cannot Be Disallowed When Sales Accepted
ITAT Mumbai Restores Reassessment in Bogus Share Gain Case
ITAT Grants Assessee Another Chance to Appeal with Cost
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.
