Income Tax
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No Section 194C TDS on Gold Wastage during Ornament Manufacturing
Section 69A Addition Deleted: Assessee Not Owner of Unexplained Cash: ITAT Mumbai
Receipt from Debtors not unexplained: ITAT Bangalore partly deletes section 69A addition
ESOP/ISOP reimbursement is not capital or contingent expense: ITAT Mumbai deletes disallowance u/s 37
Tax Exemption for West Bengal Municipal Development Fund Trust
Income Tax Exemption for AICTE: CBDT Notification
CBDT notifies Income Tax Exemption for Haryana Pollution Board
Section 12A Registration Can’t Be Denied for Sub-clause Mistake in Application: ITAT Pune
AO’s view on CSR Expenditure allowable u/s 80G is plausible – No ground for 263 Revision
Statement Without Cross-Examination: ITAT Mumbai Deletes Section 69A Addition of ₹1.69 Cr
Section 12AB Registration cannot be denied for Curable Section Code Error: ITAT Bangalore
CIT(E) Cannot Rely Solely on Subordinate Reports Without Independent Application of Mind
Fiduciary Journal entry without cash cannot be taxed u/s 68: ITAT Mumbai
80P(2)(a)(i) deduction eligible on interest earned by co-operative society from deposits with co-operative banks
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.
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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.
