Income Tax
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ITAT Chandigarh Sets Aside Best-Judgment Order Treating Agricultural Income as Other Sources

Section 40A(3) Disallowance Fails Without Proof of Split Cash: ITAT Chennai

Wrong Clause in Form 10AB Is a Curable Technical Defect: ITAT Restores 12AB Registration

Existing Trust Not Hit by 6-Month Rule: ITAT Mumbai Revives 12AB & 80G Applications

Income Tax Exemption Granted to Agra Development Authority

Tax Exemption Granted to Barnala Improvement Trust Under Income Tax Law

Income Tax Exemption Notified for Aligarh Urban Development Authority

Shooting Location Receipts: ITAT Sends Back House Property vs Business Income Issue

No TDS on Transponder Charges Under India-UK DTAA as Payment Not Royalty: ITAT Mumbai

ITAT Grants Indexed Cost Benefit in JDA for Land and Constructed Area Rights

Section 68 Addition Cannot Be Sustained Without Proper Evaluation: ITAT Mumbai

Sales Accepted, Purchases Can’t Be Branded Bogus: ITAT Chandigarh

Transfer Pricing Addition Deleted for Ignoring Binding ITAT Directions

ITAT Delhi Upholds Deletion of Share Capital Addition: Section 68 Onus Discharged
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.

