Income Tax
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ITAT Mumbai Remits Section 68 Addition for Verification of Loan Closing Balance
Section 151(ii) Approval by Wrong Authority Quashes Reassessment: Mumbai ITAT
ITAT Ahmedabad Deletes Section 145 Rejection and On-Money Addition in Realty Case
ITAT Rajkot Deletes Section 271AAC Penalty on Estimated Addition
ITAT Mumbai Condones 442-Day Delay and Restores Appeal Under Section 249(4)(b)
Mumbai ITAT Quashes Bitcoin Reassessment for Invalid Section 151(ii) Approval
ITAT Mumbai Restores Accommodation Entry Dispute to AO with Full Material Disclosure
Reassessment Quashed for Invalid Section 151(ii) Approval by PCIT: ITAT Mumbai
Section 145(3) Rejection Remanded for Fresh Book Verification by Mumbai ITAT
Demonetisation Cash Deposits Remanded for CBDT Verification: ITAT Mumbai
Section 68 Addition Deleted After Investor Capacity and Genuineness Proved: Mumbai ITAT
ITAT Mumbai Deletes Partner Remuneration Disallowance Made Through Section 154 Rectification
IBC Resolution Plan Extinguishes Unclaimed Tax Reassessment, ITAT Mumbai Holds
No Irrevocability Clause Cannot Alone Defeat Section 12AB Renewal, Says ITAT Mumbai
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.
