Income Tax
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ITAT Deletes Additions as AO Ignored Income From Sale of Amway Products
ITAT Upholds Bogus Loan Addition Deletion Due to Prior Disclosure by Borrower
Mumbai ITAT Quashes Section 263 Revision: AO’s 25% Bogus Purchase Addition Held to Be a Possible View
ITAT Deletes ₹3.85 Cr Addition Made on a Dissolved Partnership Firm
ITAT Deletes Section 68 Addition as Opening Share Application Money converted in Loans cannot be Taxed as Fresh Credits
Tax Treatment of Cash Credit U/s. 68, 69, 69A, 69B, 69C and 69D
No Reopening for Fishing & Roving Enquiries: ITAT Invalidates Section 147 Proceedings
Foreign Tax Credit Cannot Be Denied Merely for Delay in Filing Form 67: ITAT Pune
Minimum Alternate Tax (MAT) & Alternate Minimum Tax (AMT)
Tax Free / Exempt Income Under Income Tax Act, 1961
Entire E-Seva Cash Deposits Not Taxable Under Section 69A: ITAT Chennai
Section 234D- Interest on Excess Refund of Income Tax
DTVSV Settlement Does Not Render Reassessment Order Non Est for Section 154 Limitation
All about Interest Payable U/s. 234A, 234B & 234C
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.
