Income Tax
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Addition u/s. 68 set aside as source of credits disclosed: ITAT Mumbai
No Section 80P(2)(a)(i) deduction on Interest from nationalized/private Bank Deposits
Co-op Credit Society’s interest income from Co-op Banks Eligible for Section 80P(2)(d) Deduction
Hyderabad ITAT Allows Section 80-IA deduction claimed via Revised Return
TDS & TCS Compliance in July: A Timely Opportunity to Strengthen Your Strategy
Tax Benefits Under the Umbrella of Insurance Protection!!
CIT(A)’s Order Ignoring Higher Court Directions Amounts to Gross Negligence
CBDT notifies Tax Exemption for District Legal Service Authority in Haryana
CBDT notifies Tax Exemption for Baddi Barotiwala Nalagarh Development Authority
Assessee-Trust’s 12AB Registration Cannot Be Cancelled for Procedural Lapses
ITAT Rajkot allows Section 80P Deduction despite Belated ITR Filing
Co-op Society Can Claim Sec 80P(2)(d) on Co-op Bank Interest: ITAT Ahmedabad
Sec 80P Deduction cannot be denied Under Section 143(1)(a) for AY 2015-16
ITAT Delhi Quashes Assessment Order Passed Beyond Section 144C(13) Time Limit
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.
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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.
