Income Tax
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Draft Income Tax Rules 258 to 261: Rules on Certificate Cancellation, Misrepresentation, Practitioner Removal and Inquiry by Prescribed Authority
Draft Income Tax Rules 254 to 257 – Authorised Representative Appearance & Registration of Income-tax Practitioners
ITAT Sets Aside ₹169.75 Cr Addition Because Parallel Proceedings Arose After Reassessment Was Set Aside
Draft Income Tax Rules 252 and 253 – Prescribed Educational Qualifications and Nature of Business Relationship
Draft Income Tax Rule 250, 251: Definitions for Rules 251–268 & Recognised Accountancy Examinations
Draft Income Tax Rules 248 and 249 – Registered Valuer Fee Structure (Sec 514(2)) and Valuation Report Form (Sec 514(3))
Draft Income Tax Rule 247 – Qualification of Registered Valuer for the purposes of section 514 of the Act
No TP Adjustment on AE Receivables as Company Charged No Interest from Both AE and Non-AE Customers
Draft Income Tax Rule 245 and 246 – Annual Information Statement; Registration of Valuer under Section 514
Draft Income Tax Rule 244 – Due diligence procedures under section 509 of the Act
Draft Income Tax Rule 243 – Reporting requirements under section 509 of the Act
Draft Income Tax Rule 242 – Obligation for reporting under section 509 of the Act
Draft Income Tax Rule 241 – Definitions for the purposes of rules 242, 243 and 244
Assessment Void Because Notice Issued to Non-Existing Company After Merger: Bombay 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.
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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.
