Income Tax
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ITAT Remands Capital Gains Case as AO Failed to Refer Valuation to DVO
ITAT Deletes Maximum Marginal Rate Tax as Charitable Trust Is Taxable at Normal Rates
Cash Deposits in Old Notes Alone Cannot Justify Section 69A Addition: ITAT Ahmedabad
Compensation under Early Retirement Scheme cannot be taxed as profits in lieu of salary
ITAT Quashes Section 270A Penalty as AO Failed to Specify Misreporting Charge
Calcutta HC Orders Form 5 Issuance as Portal Error Cannot Defeat Vivad Se Vishwas Relief
Cash Deposits During Demonetisation Cannot Be Taxed Twice Where Sales Are Accepted: ITAT Delhi
ITAT Delhi Upholds 1% Income Estimate as Assessee Was Commission Agent
Sales Tax Subsidy Non-Taxable as It Was Meant for Industrial Development: ITAT Ahmedabad
Delhi HC Restrains Google for Allowing Trademark as AdWords Keywords
Can Capital Gains Exemption Be Claimed If House Is Bought in Spouse’s/Family Members Name?
Section 43B(h): MSME Payment Clause Every Business Must Understand
Income Tax Department: Double Standards
Section 68 Addition Deleted as Loan Genuineness & Creditworthiness Established
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.
