Income Tax
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ITAT Deletes TDS Demand on LFC Payments as Bank Followed HC Orders
Telangana HC Upholds Rejection of Updated Return During Pending Scrutiny Assessment
Section 62(4) of Income-tax Act 2025: Closed List of Specified Professions Remains Unreformed
ITAT Quashes Assessments as Section 153D Approval Was Granted Mechanically
Karnataka HC Restores GST Proceedings for non-consideration of submitted documents
ITAT Remands Section 80P Deduction Dispute as Earlier Tribunal Ruling Was Not Considered
Interest on Enhanced Compensation Taxable under Section 56(2)(viii) post 2009 amendments
FTS Not Taxable Under Article 22 as India-Thailand DTAA Treats It as Business Income: ITAT Delhi
CAM Charges Cannot Be Treated as Rent as They Cover Common Area Services: ITAT Delhi
Delhi HC Admits Appeal as ITAT Relied on Inapplicable Section 56 Provisions for Valuation
ITAT Restores Protective Addition as Substantive Addition Had Not Attained Finality
SC Order Settled the issue of Taxability of International Software Supply Transactions?
Sales Accepted, Books Not Rejected: ITAT Cuts Bogus Purchase Addition to 5%
Part Payment Through Bank Does the Trick: ITAT Deletes Section 56(2)(vii) Addition Despite 7-Year Gap in Registration
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.
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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.
