Income Tax
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ITAT Mumbai: Estate of Deceased Taxable at Normal Slab Rates, Not Maximum Marginal Rate
ITAT Bangalore: Trading & Software TP Adjustments Deleted Due to Comparability & 3% Range
ITAT Bangalore: Turnover & RPT Filters Applied, Functionally Dissimilar Comparables Excluded
Final Assessment Without Draft Order under Section 144C Is Void: Bombay HC
Demonetisation Cash Deposits from Recorded Sales Not Taxable under Section 115BBE: ITAT Chennai
ITAT Hyderabad: 60% Tax Rate under Section 115BBE Applies to AY 2017-18
ITAT Bangalore: Capacity & Working Capital Adjustments Allowed in Transfer Pricing
Pre-2000 Stock Appreciation Rights Redemption Not Taxable as Perquisite: Bombay HC
SC Upholds Section 263 Remand but Leaves Revision Jurisdiction Open for Fresh Pleas
Delhi HC Upholds Section 263 Revision Over Unexamined Depreciation Claim of ₹298.93 Crores
Delhi HC Dismisses Writ Against Section 148 Reassessment Notice for AY 2018-19
ITAT Mumbai: House Property Tax Deleted on Unsold Flats as Held Stock-in-Trade
Delhi HC Disposes ₹83.76 Cr Fraudulent ITC Writ & Grants Fresh Appeal Time
ITAT Deletes Section 68 Addition on Demonetisation Cash Sales of Jewellery Business
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.
