Income Tax
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Delhi ITAT: Religious HIndu Activities Alone Cannot Deny 12AB/80G Approval
Delhi ITAT Quashes Section 263 Revision: PCIT Cannot Substitute His View for AO’s
Form 145 & 146 Replace 15CA & 15CB: New Foreign Remittance Compliance Framework
Delhi ITAT Quashes Reassessment: No 143(2) Notice, No Valid Assessment
Delhi ITAT Quashes ₹12.62 Cr Additions: 153C Six-Year Limit Ran From Material Handover
Executing JDA Alone Doesn’t Constitute Transfer or Trigger Capital Gains: ITAT Kolkata
Kerala HC Sets Aside ITAT Order on Anonymous Donations, Orders Fresh Review
ITAT Delhi Allows Multiple Tax Claims of HCL Tech, Remands Verification of Section 10A Deduction
SC Dismisses SLP as Withdrawn; Bombay HC Ruling Denying Section 37 Deduction for Redemption Fine Stands
Bombay HC Disallows Section 153A Additions Based on Regular Books Without Search Material
AMP Expenditure Not an International Transaction Under Transfer Pricing: ITAT Delhi
Trade Promotion Body Qualifies as Charitable Institution for Section 12AA Registration: Gujarat HC
Mere Delay in Tax Payment Does Not Attract Section 276C(2) Prosecution: Bombay HC
Trustee’s Shareholding Doesn’t Attract Deemed Dividend for Public Trust: Gujarat HC
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.
