Income Tax
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Environmental Work Is Not Business Activity – ITAT Restores 12A Registration to Conservation Trust
Interest on Compulsory Acquisition of Agricultural Land Still Exempt – ITAT Pune Deletes Tax & Penalty Together
FIFO Prevails: ITAT Mumbai Rejects “Cherry-Picked Shares” as Tax Avoidance
Wrong Section Code Can’t Kill a Genuine Trust – ITAT Rescues 12A Registration from Hyper-Technical Rejection
One Extra “0”, One Massive Tax Demand – ITAT Pune Comes to the Rescue of an Army Jawan
Ex-Parte Rejection of Section 12AB Registration Set Aside as Notice Was Sent to Old Email: ITAT Delhi
ITAT Condones 2659-Day Delay Because Improper Tax Advice Prevented Timely Appeal
ITAT Partly Deletes ₹13.95 Lakh Addition as Family Income Records Supported Cash Gifts
ITAT Restricts Bogus Purchase Addition Due to Lack of Independent Enquiry by AO
ITAT Remands Case as CIT(A) Admitted C-Forms Without Following Rule 46A(3)
Client cannot suffer for CA’s lapse – Mumbai ITAT restores appeals dismissed for 179-day delay
Reassessment Invalid Because Approval Contained Only ‘Yes, I Am Satisfied’: ITAT Rajkot
Denial of Loan Liability Held “Dishonest” After TDS Deposit: Calcutta HC
Section 56 Addition Deleted as DCF Valuation Was Not Rejected: ITAT Delhi
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.
