Income Tax
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ITAT Restricts Hospital Receipt Addition to 5%, Deletes Diary-Based Unexplained Income Additions
ITAT Mumbai Allows MEIS Capital Receipt Claim & Deletes Search-Based Additions
Deletion of One Addition Will Not Wipe Out Penalty Levied on Another Surviving Income: ITAT Bangalore
CIT(A) Enhancement Requires Examination of Defence Evidence: ITAT Bangalore
ITAT Bangalore Remands 50% Construction Relief for Fresh Reasoned CIT(A) Order
Section 271(1)(c) Penalty Remanded for Fresh Consultant Fraud Verification: ITAT Bangalore
One Residential House May Comprise Multiple Units; ITAT Bangalore Allows Section 54 Exemption
Medical PG Stipend Exempt Under Section 10(16), Rules ITAT Delhi
Haryana Tax Bars Seek 30-Day Extension of Tax Audit Due Date for AY 2026-27
Rajasthan HC Upholds Section 147 Explanation for Subsequent Escaped Income
Section 56(2)(x): Allotment Date Prevails Over 2018 Registration for Stamp Duty Value
ITAT Kolkata Upholds Section 80-IA(4) Deduction Despite Return Filing Glitch
CBDT Extends Valuer and Tax Practitioner Registration Deadline
Government Service Benefits Continue After MSEB Restructuring: ITAT Nagpur
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.
