Income Tax
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Understanding Deferred Tax Assets and Liabilities
Exemptions from Capital Gains: A Comprehensive Guide
Understanding Higher TDS Rates: Section 206AA and 206AB
Accessing Taxpayer Information Summary (TIS) Online
Faceless Assessment Scheme: Streamlining Income Tax with Automation
Karnataka HC Remands Reassessment Cases as SC Allowed Challenge to Retrospective Section 147A
Audited Accounts Prevail Over Unaudited Tally Data: ITAT Deleted Addition
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ITAT Grants Partial Relief as Family Savings for Wife’s Cancer Treatment Were Found Credible
Assessment Quashed as Section 153D Approval Was a Mechanical Exercise: ITAT Dehradun
ITAT Deletes Management Fee TP Adjustment as Issue Was Already Decided in Earlier Years
Section 153D Approval Was Granted Mechanically – ITAT Delhi Quashes Assessments
Delhi HC Upholds ITAT Rectification as Retrospective Section 80P(2)(a)(iii) Amendment Applied from 1968
Reassessment for AY 2015-16 Quashed as Notice Was Time-Barred: ITAT Bangalore
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.
