Income Tax
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Assessment Set Aside Over Mechanical Section 153D Approval: Orissa HC
Appeal Dismissed; HC Order on Section 153D Approval Upheld: SC
Section 69 Wrongly Invoked for Demonetisation Cash Deposits; Assessment Quashed: ITAT Raipur
Software Distribution & Management Fee Not Taxable Under India-Singapore DTAA: ITAT Mumbai
Management Fees Held Not Taxable as FTS; Software Taxability Remanded to AO: ITAT Mumbai
ITAT Mumbai Deletes Section 270A Penalty on Deeming Section 43CA Addition
Appeal Restored to CIT(A) Despite Tax Paid After Filing Section 249(4)(a) Appeal: MP HC
Section 14A Disallowance Deleted as No Exempt Income Earned: ITAT Mumbai
Section 153C Assessment Quashed for Lack of Incriminating Material: ITAT Delhi
No Bogus LTCG Addition Without Proof of Price Manipulation Linking Assessee: ITAT Raipur
Bad Debt Write-off Enough After TRF Ltd.; Verify Only Section 36(2): ITAT Bangalore
How to Choose Right ITR Form: Eligibility, Documents & Due Dates
Ad Hoc Disallowance Without Defects Unsustainable; GST/TDS Late Fee Remanded: ITAT Lucknow
Section 115BAB Benefit Can’t Be Denied Over Internal Appeal Allocation: ITAT Raipur
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.
