Income Tax
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CBDT Notifies NaBFID Ten Year Zero Coupon Bond
Assessment Orders Quashed for Jurisdictional Defects in Reassessment & Search Proceedings: ITAT Delhi
Section 143(3) Assessment Cannot Continue After Section 132 Search: ITAT Delhi
Section 56(2)(x) Cannot Tax Redevelopment Flat Before Possession: ITAT Mumbai
Section 69 Additions Unsustainable on Uncorroborated Ledgers: ITAT Delhi
Reassessment Quashed as Section 153C, Not Section 147, Applied: ITAT Ahmedabad
Delhi HC Upholds Deletion of Addition Based on Uncorroborated Third-Party Search Material
Section 271(1)(c) Penalty Quashed as No Satisfaction Recorded for PF Disallowance: ITAT Delhi
Late Tax Audit Report Filing Mere Technical Breach, Section 271B Penalty Deleted: ITAT Chennai
Expatriate Salary Paid by HO Allowed as Business Deduction Under DTAA: ITAT Mumbai
Reassessment Quashed for Invalid Section 151 Sanction by Incompetent Authority: ITAT Mumbai
Search-Based Information Cannot Be Used for Section 147 Reassessment: ITAT Mumbai
No DAPE Where Indian AE is at Arm’s Length: Bangalore ITAT
Reassessment Beyond Three Years Quashed as Escaped Income Was Below ₹50 Lakh: ITAT Hyderabad
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.
