Income Tax
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Combined Section 153D Approval covering Multiple Years Invalid: ITAT Delhi
₹101 Crore Penalty Put on Hold for Being Passed During Pending Assessment Appeal
ITAT Hyderabad Directs AO to Reassess Charitable Expenses with Evidence
Farmhouse Qualifies as Residential House: Delhi ITAT Upholds Section 54F Relief
AO’s Suspicion Not Evidence: Section 68 not Apply to Opening Balances
Bogus Purchases: Only 6% Profit Element Taxable: Delhi ITAT
Satisfaction Note of 24.05.2021 Shifts Search-Year: ITAT Holds AY 2011-12 Outside Six-Year Block
Lack of Board Affiliation Not a Barrier: ITAT Remands Section 12A Application
Reassessment Found Erroneous for Not Applying Checkmate Law—Revision Justified
How Income Tax Act 2025 Codifies Six Decades of Judicial Wisdom?
DTAA Rates Override PAN-Based TDS under Section 206AA: SC
Section 148 Notices Held Defective for Post-April Issuance Despite March Dating
TDS Rate for Non-Residents Governed by DTAA, Not Section 206AA: Delhi HC
Assessment Set Aside as AO’s Letter Did Not Address Reopening Objections
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.
