Income Tax
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Maharashtra Trusts Allowed 50% Investments in MFs, Govt Securities & Bluechip Shares
Circular transaction cannot be treated as bogus purchases u/s. 68: ITAT Rajkot
Issue of notice u/s 143(2) was mandatory even if return of income was filed beyond time limit provided u/s 142(1)
0% Tax for Startups in India for 3 Years: Everything You Need to Know About Section 80-IAC
ITAT Sets Aside Assessment & Permits Fresh Hearing as Assessee claims to be mere Rent Collector
Taxation of Upfront Lease Premium under a BOT Lease: Key Aspects
Non-participation in appellate proceeding due to judicial custody is genuine reason
Section 11 Exemption Allowed on Kuri Business Profits Applied for Trust Objects
Email Notice Invalid as Assessee Opted ‘No’ for Email in Form 35; Ex Parte Order Set Aside
Insurance claim received for death of horses are capital receipts: Bombay HC
Section 115BBE High Tax Rate Applies Only to Transactions After 1.4.2017
ITAT Condones 510-Day Delay as Employee Missed Income Tax Email
ITAT Remands Tax Non-Compliance Case to CIT(A)
Schedule Tribe Member’s Income Not Exempt if Source Outside Specified Area
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.
