Income Tax
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Vegetable Exports Are Not Automatically Agricultural Income: ITAT Bangalore
Trading Account Matched Survey Margin; ITAT Bangalore Deletes ₹12.50 Lakh Demonetisation Deposit Addition
ITAT Bangalore Remands 8% Profit Estimate on ₹3.79 Crore Turnover
Form 166 and the Foreign TIN Problem: What the Revised CBDT Guidance Note Changes for Reporting Financial Institutions
Foreign Remittances Were Examined Once; AO Could Not Reopen on the Same Material
Statutory Deposit Interest Eligible for Section 80P Deduction: ITAT Bangalore
₹58 Lakh Property Sale Reassessment Remanded to Verify Joint Venture Share: ITAT Bangalore
Most Appropriate Transfer Pricing Method Depends on Reliable Transaction Evidence
GST Authorities Cannot Seize Cash During Section 67 Search: Rajasthan HC
“Misreporting” Is Not Enough: AO Must Tell the Assessee What Was Misreported
High Share Premium Alone Cannot Justify Section 68 Addition When Investor Credentials Proved: Bombay HC
Bombay HC Grants Fresh Section 264 Hearing Subject to ₹1 Lakh Costs on ₹4.24 Crore Addition
Business Funds Deposited in Banks Qualified for Section 80P Deduction: ITAT Bangalore
SC Declines to Interfere With Quashing of Section 153C Notices Lacking Search Nexus
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.
