Income Tax
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Draft Income Tax Rule 28: Capital Gains Exemption on Relocation of Original Fund
Draft Rule 284: Tax Exemption to Non-Residents for IFSC Derivative Transactions
Draft Income Tax Rule 283: Computation of minimum investment and exempt income for Schedule V
Draft Income Tax Rule 282: Notification of pension fund & other conditions to be satisfied by pension fund
Draft Income Tax Rule 281: Circumstances and conditions for Schedule III
Draft Income Tax Rule 280: Prescribed allowances for Schedule III
Draft Income Tax Rule 279: Limits for Schedule III
Draft Income Tax Rule 278 – Conditions for purpose of Schedule III
Investment Cannot Be Treated as Income Merely for Alleged Section 13 Breach: ITAT Delhi
Bank Account Attachment Quashed Because Tax Liability of Company Cannot Be Imposed on Director’s Wife
SC Dismisses Plea Against Income Tax Prosecution as Pending Appeals Do Not Bar Criminal Action
Delhi HC reduces TDS Rate to 2% as 15% Withholding Certificate Lacked Proper Reasoning
Faceless Assessment Quashed for Denial of Personal Hearing Despite Written Request
Tribunal Cannot Direct 12AB Registration as Genuineness of Trust Activities Was Not Verified: Delhi 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.
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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.
