Income Tax
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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
ITAT Deletes ₹36.29 Lakh Addition u/s 69C Based on Uncorroborated Third-Party Tally Data
ITAT Pune Deletes Section 234E Late Fee for Pre-June 2015 TDS Defaults
ITAT Delhi Restricts ₹63.06 Crore Cash Committee Addition to ₹1.78 Crore
NHAI Acquisition Interest Is Part of Exempt Award: Section 96 Overrides Taxability u/s 56(2)(viii)
ITAT Delhi Quashes Penalties for Ambiguous Notices under Sections 271(1)(c) & 271AAB
Phased Housing Project Loses 80-IB(10) Benefit After Land Withdrawal: Kerala HC
ITAT Delhi deletes Section 50C addition after accepting registered valuer’s valuation
Delhi HC Quashes TDS Prosecution After Director Status Is Found Incorrect
Stamp-Duty Value Is Not the Final Word: AO Must Refer Valuation to DVO When Purchaser Disputes It
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.
