Income Tax
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Section 43CA Inapplicable to Additional Rehabilitation Area Given to Tenants: ITAT Mumbai
SC Refuses Interference With Telangana HC Relief Against Section 148 Notice
Section 179 Not Applicable to Public Company Director Merely Due to 98% Shareholding: Gujarat HC
Non-Land Forestry Expenses Not Agricultural Expenditure: Gujarat High Court
Delhi HC Sets Aside Seven ITAT Appeal Orders Passed With Undue Haste
Excess Recovery Beyond 20% of Disputed Tax Demand Must Be Refunded: Rajasthan HC
Technical Error Cannot Defeat Section 12AB Renewal: Mumbai ITAT
Inoperative PAN Higher TDS Demand Remanded for Fresh Verification: ITAT Delhi
Debt-Free Company Not Liable for Notional Interest on AE Receivables: ITAT Chennai
Marine Engineering Training Is Education: ITAT Restores Section 11 Exemption for Four Years
No PE for US Company; Reimbursements Not Taxable as FIS: ITAT Mumbai
Section 56(2)(vii)(b) Cannot Automatically Apply to Unconstructed Flat: ITAT Mumbai
Decoding Form 10B or Form 10BB: Three Tests Determine Correct Audit Report
Redevelopment Transit Rent Is Capital Receipt Regardless of Actual Spending: ITAT Mumbai
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.
