Income Tax
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Section 12AB Renewal Cannot Be Rejected on Vague Non-Compliance: ITAT Mumbai
PCIT Sanction Cannot Validate Reassessment Beyond Three Years: ITAT Mumbai
Section 14A Disallowance Restricted to Exempt Dividend Income: ITAT Mumbai
Professional Income Accrues Only When Right to Receive Crystallises: ITAT Mumbai
CCM Reassessment Beyond 4 Years Invalid Without Disclosure Failure: ITAT Mumbai
ITAT Mumbai Restricts Bogus Purchase Profit Addition to 5% Instead of 12.5%
Section 143(2) Notice by ITO Without Pecuniary Jurisdiction Invalid: ITAT Mumbai
608-Day Appeal Delay Condoned for Bona Fide Section 264 Revision: ITAT Mumbai
Surviving limitation period after Rajeev Bansal cannot be ignored: ITAT Mumbai
Reopening Invalid Where Partner Interest & Remuneration Clauses Are Not Mandatory: Gujarat HC
Received FAST-DS Email for Foreign Assets? Check AIS Before 31 December 2026
NRI Taxation of UAE Salary, Dividends & Business Income in India
Missing Irrevocability and Dissolution Clauses Cannot Deny 12AB Registration: ITAT Delhi
GST Turnover Difference Required Reconciliation, Not Automatic Addition: 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.
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.
