Income Tax
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TP adjustment deleted as recharacterization of business not warranted
Partial Rejection of Books Held Invalid in Demonetisation Cash Deposit Case
Assessments Quashed for Non-Supply of Relied-Upon Material: ITAT Indore
Deductor Not in Default When Payee Has Paid Due Taxes: ITAT Mumbai
Investigation Wing Inputs Alone Insufficient for Section 68 Additions
ITAT Ahmedabad Remands DVO Addition & Demonetisation Cash Deposit Issue
Income of Predecessor Company Cannot Be Clubbed with Successor Post-Amalgamation
ITAT Ahmedabad Restores 35(1)(ii) Deduction Claim for Gujarat Cancer Society Donation
Additions on Fixed Deposits Remanded After Late Submission of Proof
Demonetization Cash Addition Set Aside for Fresh Review of Cash Book: ITAT Hyderabad
Audit Objection-Driven Reopening Invalid Without AO’s Satisfaction: ITAT Ahmedabad
On-Money Addition Fails Without Corroborative Evidence: ITAT Delhi
Consequences of Cancellation of Re‑Registration under Section 12AB – Why Charitable Trusts Cannot Afford to Ignore It
Practical Guidance: Key Points to Keep in Mind While Replying to Notices under Section 12AB
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.
