Income Tax
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Karnataka HC Quashes Ex Parte Reassessment and Restores Proceedings for Fresh Response
High Court Cannot Rework Comparables Like a TPO: Karnataka HC
Section 69A Addition Cannot Come as a Surprise in Final Assessment: Karnataka HC
Seven-Day Section 148A Response Period Mandatory: Karnataka High Court
Reassessment Cannot Begin with a Doubt and End in a Fishing Enquiry: Karnataka HC
Indian Payer’s Location Alone Does Not Create Indian Income Nexus: Delhi HC
GoDaddy Reassessment Stayed Over “Over-Zealous” AO Approach: Delhi HC
Cairn Energy Tax Dispute: From Retrospective Tax to Sovereign Assets
India–UAE Related-Party Transactions: Transfer-Pricing Compliance Guide
Pre-September 2024 Search Permits Direct Section 148 Notice: Delhi HC
Export Quota Premium Ineligible for Section 80HHC Deduction: SC
Calcutta HC Sustains Deletion of Section 69 Addition for Explained Disclosed Investments
MPTCA Seeks Tax Audit and ITR Due Date Extension for AY 2026-27
CIT(A) Cannot Dismiss Appeal Solely for Non-Appearance: Kerala 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.
