Income Tax
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CBDT Amends Income Tax Rule 21AK in Twentieth IT Rule Change
Hyatt international has PE in India hence income attributable is taxable in India
Surplus funds of charitable institution can be used only for charitable activity
Penalty u/s. 270A(9)(a) cannot be sustained as specific instance of misreporting not stated
Delay Miscalculated, NFAC Must Rehear Appeal on Grants, Interest Income
Taxability of service receipt in terms of India-Thailand DTAA needs fresh consideration: ITAT Delhi
DVO reference U/s 142A made before initiation of reassessment is invalid
Non-service of notice u/s. 142(1) as per valid mode of transmission is bad-in-law
CSR Donation Eligible for Section 80G Deduction: ITAT Mumbai
ITAT Condones Delay for Ill Assessee in Tax Appeal
Section 50C inapplicable if registered agreement to sell was executed before circle rate hike
Budget 2025: New Income Tax Slabs up to ₹12 Lakh Tax-Free
Cash Loans Above ₹20,000 Violate Income Tax Law, Not Enforceable Under NI Act: Kerala HC
CBDT Waives Interest on TDS/TCS Tech Defaults due to Technical Glitches
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.
