Income Tax
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Bangalore ITAT Quashes Reassessment Over Defective Section 151(ii) Approval
Delhi HC Sets Aside CIT(A) Order for Relying on Hallucinated Judicial Citations
Mere Disallowance of Section 80GGC Political Donation Deduction Is Not Misreporting for Section 270A Penalty: ITAT Ahmedabad
TDS Credit Allowed in Year Income Is Taxable Despite Later Reflection in Form 26AS: ITAT Jaipur
Section 206AA Cannot Apply Where Section 194-IA Is Inapplicable to Agricultural Land: ITAT Surat
ITAT Must Deliver Orders Within 60 Days, Extendable to 90 Days: Bombay HC
Delhi HC Admits American Express Transfer Pricing Appeal, Stays Draft Assessment
Delhi HC Upholds Deletion of Protective Assessments for Lack of Incriminating Material
Gauhati HC Quashes Section 148 Notice as AO Cited ‘Paucity of Time’ for Verification
SC Enhances Compensation to ₹83.38 Lakh for Permanently Disabled Six-Month-Old Child
ITAT Remands Reassessment to Verify Brother’s Role in Mutual Fund Investments
Delhi HC Sets Aside ₹16.74 Crore Tax Enhancement for Want of Section 251 Notice
Delhi HC Admits Revenue Appeal on Section 115BBE Tax Rate, Demonetisation Additions
ITAT Varanasi: AO Must Refer Property Valuation to DVO Under Section 50C(2)
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.
