Income Tax
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Employees Liable for Tax If Employer Fails to Deposit TDS: Kerala HC
Delay in Filing Form 10B Condoned by High Court
Reassessment Quashed for Ignoring Objections to Reopening
Technical Lapse in E-Filing Cannot Deny Statutory Benefit: Karnataka HC
Reassessment Notices Beyond Surviving Time Quashed by High Court
Section 269SS Inapplicable to One-Time Cash Payment on Sale Deed: ITAT Chandigarh
Unexplained Jewellery Addition Scaled Down on Human Probability
Employee Not Liable for Employer’s Failure to Deposit Salary TDS: ITAT Patna
Why High Courts Cannot Revisit Facts Under Income Tax Section 260A
Section 10(23EE) Income Tax Exemption Notified for Core Settlement Guarantee Fund
Section 197 TDS Rate Cannot Be Raised Once PE Finding Is Set Aside: Delhi High Court
Gold and Cash Seized in Search Released on Payment of Advance Tax
Reassessment based on material found by AO of searched person is untenable in absence of satisfaction note u/s. 153C
Amalgamation Shares Taxable Only If Real Income Arises
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.
