Income Tax
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Maintenance Charges for Amenities Under Separate Agreements Are Business Income: ITAT Delhi
ITAT Condones 233-Day Delay, Restores Appeal on ₹53.24 Lakh LTCG Addition
Section 14A r/w Rule 8D Disallowance Unsustainable Without Exempt Income: ITAT Delhi
Section 69 Addition Cannot Rest Solely on Uncorroborated Third-Party Excel Sheet: ITAT Agra
GST Component in Turnover Reconciliation Defeats Section 68 Addition: ITAT Delhi
Income Estimation Without Rejecting Books of Account Unsustainable: ITAT Kolkata
Section 44ADA Eligibility Conditions & Compliance Requirements
I Invest in US Stocks & Gold ETFs: How Are They Taxed on Sale?
Agricultural Income Addition Deleted as Books Not Rejected: ITAT Bangalore
Section 69A Addition Remanded for Fresh Verification After Opportunity Denied: ITAT Bangalore
Section 270A Penalty Appeal Restored After 9-Day Delay Condoned: ITAT Bangalore
Delay in Appeal Before CIT(A) Condoned for Hospitalization: ITAT Bangalore
Bogus Purchase Addition Set Aside for Fresh Verification Opportunity: ITAT Bangalore
CIT(A) Cannot Dismiss Appeal Ex Parte Without Deciding on Merits: ITAT Bangalore
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.
