Income Tax
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Non-Service of Order Sufficient Cause; 137-Day Delay Condoned: Amritsar ITAT
ITAT Nagpur Denies Section 80-IA Deduction for Failure to Prove Developer Status
Enhanced Rent Cannot Alone Deny Section 12AB Registration: Jaipur ITAT
ITAT Bangalore Rejects Section 69A Addition Based on Bank Deposit-GST Turnover Difference
BSNL VRS Compensation & Entire Leave Encashment Exempt from Tax: Bangalore ITAT
Section 80P Deduction Allowed on Nominal Member Credits & Bank Interest: Bangalore ITAT
Cash Deposit Not Unexplained Merely Due to Improbable Earlier Withdrawal Retention: Bangalore ITAT
Korea Salary Not Taxable Merely Due to Indian Payment or TDS: Bangalore ITAT
BSNL VRS Compensation Gets Full Section 10(10B) Exemption; Bangalore ITAT
SC Dismisses Revenue SLP Against Deletion of Section 68 Penny Stock Addition
ITAT Mumbai Quashes Section 148 Reassessment for Failure to Meet Section 149(1)(b) Conditions
Karnataka HC Quashes Tax Stay Order for Unreasoned 10% Deposit Requirement
ITAT Jaipur Quashes Non-Resident Reassessment Over Failure to Follow Section 144C
ITAT Pune Quashes Reassessment Based on Dumb Document, Deletes Section 69 Addition
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.
