Income Tax
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A Notice to the Dead Cannot Bring Reassessment to Life: Chennai ITAT
CBDT Authorises DGIT Systems to Share Taxpayer Data With MoP&NG
CBDT Prescribes Form 98 Filing Procedure Under Rule 160
CBDT Approves IIT Roorkee for Scientific Research Under Section 45
Section 271D Penalty Passed Beyond Limitation Quashed: ITAT Chennai
JAO Section 148 Reassessment Remanded After Retrospective Amendment: ITAT Chennai
Redevelopment PAA Was Consideration for Surrender of Tenancy Rights: ITAT Mumbai
ITAT Delhi Deletes Section 69A Addition on Loan Repaid Through Banking Channels
ITAT Agra Remands 80G Renewal Rejection for Verification of 5% Religious Expenditure
Gauhati HC Quashes Income Tax Prosecution After Assessment Order Was Set Aside
CBDT 20% Stay Demand Rule Cannot Replace Statutory Discretion: Telangana HC
Foreign Grant Route Cannot Defeat Section 195 TDS Obligation: Rajasthan HC
Later Registration Cannot Trigger Section 56(2)(vii)(b) Retrospectively: ITAT Mumbai
Section 54GB: ITAT Allows ₹1.48 Crore Startup Investment Deduction, Rejects ₹50 Lakh Cap
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.
