Income Tax
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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
ITAT Ahmedabad Allows Section 80JJAA Deduction Despite Delayed Form 10DA Filing
ITAT Kolkata Deletes Section 271(1)(c) Penalty for Bona Fide Rounding-Off Error
ITAT Ahmedabad Deletes Section 270A Penalty on Political Donation Disallowance
Gujarat HC Quashes Reopening Beyond 4 Years as 2(22)(e) Conditions Were Not Met
ITAT Indore Limits ₹46.78 Lakh Section 69 Addition to ₹8 Lakh Based on Actual Purchase Price
ITAT Delhi Upholds Rs.8.50 Lakh LTCG Addition on Fresh Section 54 Claim
New Income Tax Form Form 104 Replaces Form 10A for NPOs
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.
