Income Tax
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Taxation of SWP, IDCW & Growth Fund Redemption & Tax Savings Opportunities
Remuneration to Partners cannot be disallowed for lack of notarised deed: ITAT Ahmedabad
Jurisdictional objection rejected as Assessee failed to prove address change or prior filing: ITAT Ahmedabad
No tax leviable in India for salary income for services rendered in China
No addition towards unexplained cash credit u/s. 68 post rejection of books of accounts
Lower tax of 10% on sale of unlisted share allowed even in absence of filing claim via revised return
Discrepancy in ROC records cannot be reason for treating sale of shares as sham transaction
Section 12AB / 80G applications: Mind the sub-clauses & section codes
Income Tax Refund Scam – Cyber Frauds Targeting Taxpayers
Section 54F: A Hidden Boon to Save Tax on Capital Gains
Unregistered Trust: ITAT Pune Rules Only Net Income Taxable
No addition on ground that notices u/s. 133(6) not replied: ITAT Mumbai
HC Directs CPC to Accept Manual ITR for Missed Capital Gains Deduction Due to Filing Error
LTCG Claim in NYSSA Stock Is Bogus, Calcutta HC Upholds ₹9.16 Lakh Addition
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.
