Income Tax
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Gujarat HC Allows Sections 11 and 12 Exemption to Gujarat Housing Board
Section 69 Addition Deleted on Sister’s Confirmed Bank Loan: ITAT Mumbai
Section 36(1)(va) Deduction Allowed on EPF Delay Caused by Portal Glitches: ITAT Jabalpur
Assessment Issues Cannot Alone Justify 12AB Registration Cancellation: ITAT Chandigarh
Transfer-Pricing Issues Remanded; Revenue’s ECB Loss Appeal Dismissed: ITAT Chennai
Inadvertent Form 10-IEA Cannot Override New Regime ITR Choice: ITAT Bangalore
Redevelopment Capital Gains Cannot Be Taxed in Society’s Hands: ITAT Mumbai
ITAT Rajkot Quashes Reassessment Where Joint Property Investment Was Not Properly Attributed
ITAT Surat Quashes Assessments Over Unproved Mandatory Section 153D Approval
Provisional Registration Alone Cannot Establish Activity Commencement: ITAT Mumbai
P&H HC Quashes Time-Barred Assessment for Superior Officer Intervention
ITAT Chennai Allows Section 11 Exemption Despite 31-Day Delay in Form 10B
Goodwill Depreciation on Business Transfer Allowed; Bad Debt Claims Remanded by ITAT Mumbai
ITAT Mumbai Allows Project Completion Method, Deletes CSR & GST Interest Disallowances
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.
