Income Tax
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Bombay HC Condones Charitable Trust’s Tax Form-10B Delay
Assessment Without Separate Disposal of Objections Held Void: ITAT Mumbai
Sec 124(3) Time Limit Not Applicable to AO’s Lack of Jurisdiction: Bombay HC
Provision for doubtful debts/advances cannot be treated as reserve while calculating book profit
Section 127 Transfer Renders Previous Officer Powerless to act on transferred case
Addition towards unexplained receipts based on seized dairies sustained
Income of GoDaddy.com from domain name registration and non-domain service not taxable in India
ITAT Bangalore dismisses appeal by assessee due to lack of grievance against 263 Order & delay
Deduction of Interest and Management expenses was allowable due to business purpose u/s 36(1)(iii) and 37(1)
Taxation of Lease Payment to Germany – A Case Study
Fake Deductions & Wrong Income Tax Refund: Professionals Under Scrutiny
Business Payments to Parent Company Not Deemed Dividend: Telangana HC
Taxability of Derivatives – Article 13(4) of India-Mauritius DTAA
Guide to File ITR 1 (Sahaj) Under New Tax Regime FY 2024-25 / AY 2025-26)
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.
