Income Tax
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Accommodation Entry Knowledge Alone Does Not Prove Commission Income: ITAT Hyderabad

Search Information Cannot Convert Old Loan Into Fresh Accommodation Entry: ITAT Surat

Software Logic Cannot Write a Tax Disqualification – Section 87A Rebate Allowed Against Tax on STCG u/s 111A

Loan Repaid Before Reopening Cannot Be Treated as Fictitious u/s 68: ITAT Raipur

A Debatable Issue Cannot Be Settled by CPC’s Algorithm — Section 87A Rebate on STCG Restored

ITAT Jaipur Deletes ₹7.77 Lakh Section 69 Addition After AO Verification

ITAT Allows ₹20 Lakh Credit for Business Cash Deposits Against Section 69A Addition

ITAT Jaipur Remands ₹32.53 Lakh Salary Expense Claim for Reasonable Allowance

ITAT Jaipur Deletes ₹4.53 Lakh Addition Where Income Was Declared Under Section 44AD

ITAT Jaipur Deletes ₹31.40 Lakh Section 69A Addition on Explained Cash Trail

ITAT Restores ₹66.16 Lakh Demonetisation Appeal as Seven Notices Did Not Prove Service

Share Premium Addition Deleted as Amount Belonged to Earlier Year: ITAT Jaipur

ITAT Nagpur Quashes Reassessment for Less Than 7 Days Notice u/s 148A(b)

No Assessment, No Satisfaction, No Penalty: Proceedings u/s 271D Cannot Begin in a Jurisdictional Vacuum
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.
