Income Tax
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Client Code Modification: ITAT Deletes Addition Over Unsubstantiated Shareholding
Just 1 Week to Respond, No Merits Decision: ITAT Sends Case Back to CIT(A)
12A Registration Sent Back to CIT(E) Due to Technical Lapse: ITAT Bangalore
Bombay HC Quashes Reassessment Notices as Income Already Taxed Substantively in Prior Year
ITAT Condones Delay, Orders Fresh Look at Modi Trust’s 12A/80G Applications
Income Tax Section 147/144B Order Appealable, Writ Not Maintainable: Calcutta HC
Interest to Partners Allowable Despite No Active Business: ITAT Cochin
Order by Settlement Commission cannot be interfered without allegation of bias or fraud or malice
ITAT Sends Back TDS Credit Dispute Since AO Didn’t Decide Rectification
Statutory & extra-ordinary remedy cannot be pursued simultaneously: Calcutta HC
10% Section 56(2)(x) Tolerance Limit for Property Valuation Retrospective: ITAT Mumbai
Chhattisgarh HC Disposes of Income Tax Appeal Due to Revised Monetary Limit
ITAT Delhi Upholds Lease Rental Income as House Property: Applied Consistency Rule
Sale Below Stamp Duty Value Justified by Title Dispute & 5% Variation: ITAT Deletes 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.
