Income Tax
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BSNL VRS Compensation Exempt U/s.10(10B) as Retrenchment Compensation: ITAT Pune
Section 80JJAA Deduction Cannot Be Denied for Delayed Form 10DA Verification: ITAT Jaipur
Interest on Borrowings to Retain Business Control Allowable U/s 36(1)(iii): Delhi HC
Only Profit Element Taxable for Transport Booking Agent; Income Restricted to 3%: Pune ITAT
Only 2% Net Profit on Unaccounted Sales Taxable: ITAT Mumbai
Investor Cannot Be Denied Section 10(35) Exemption for Mutual Fund Violations: Pune ITAT
Why My Income Tax Increased Sharply for Income Just Above Rs. 12 Lakh?
Section 148 Notice Quashed for Vague Reasons & Lack of Supporting Material: ITAT Pune
Transfer Pricing Documentation Checklist for FY 2025-26: Key Compliance Requirements
Failure to Consider Lawful Income, Loans & Gifts Vitiates Disproportionate Assets Conviction: Madras HC
CBDT Authorises Upload of AEOI Information in Form 168 Under AIS
CBDT Authorises Upload of AEOI Information in Form 26AS Under AIS
F&O Turnover & Tax Audit: Small Filing Error Leads to Rs. 1 Crore Demand
Evolution of Strict Tax Interpretation: From Literalism to Purpose in Sterling Holiday Decision
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.
