Income Tax
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ITAT Mumbai: DLP Expense Remanded; Bad Debt & PF/ESI Deductions Allowed
Non-Service of Assessment Order No Ground to Bypass Statutory Appeal: Kerala HC
Capital Gains Tax Applies Even When Property Sale Proceeds Settle Mortgage Debt: Kerala HC
ITAT Raipur: No Change in Facts, School Surplus Cannot Be Separately Assessed
ITAT Rajkot Remanded Section 68 Addition to Verify Duplicate PAN Transactions
ITAT Mumbai: Accommodation Entry Commission Rate Cut to 0.47% in Section 153C Cases
ITAT Mumbai: R&D Deduction Allowed Without DSIR Quantification for AY 2016-17
Income Tax Rules 2026: Key Changes in Advance Pricing Agreements
CBDT Prescribes Forms 154 & 155 for ITCC of Non-Domiciled Persons
TRC for Resident Taxpayers: Form 42 Application, Form 43
DTAA Benefits: Form 41 and TRC Required for Non-Residents
Reassessment Void Without Mandatory Section 143(2) Notice: Karnataka HC
ITAT Raipur: Reassessment Quashed for Non-Service of Section 143(2) Notice
ITAT Mumbai: Estate’s Taxation at Individual Slab Rates Remanded to Verify Sole Executor Under Will
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.
