Income Tax
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Delhi HC Upholds Deletion of Section 68 Addition on Genuine Trade Advances
ITAT Bangalore Excludes Multiple TP Comparables for Captive Software Services
ITAT Pune Excludes Multiple TP Comparables in Software Services Case
ITAT Deletes Notional Interest Adjustment on AE Receivables Following Kusum Healthcare
ITAT Partly Allows TP Appeal by Excluding Cybercom as Software Comparable
ITAT Delhi: Interest on AE Receivables Chargeable Only Beyond 150 Days
ITAT Delhi Excludes Two TP Comparables, Deletes AE Receivables Adjustment
Charitable Trust Not Taxable at Maximum Marginal Rate: ITAT Delhi
ITAT Nagpur Remands ₹5.20 Crore Section 68 Addition on Repaid Unsecured Loans
Gujarat HC Upholds Deletion of ₹32.20 Crore Section 68 Addition on Repaid Loans
Repaid Unsecured Loan Cannot Be Added Under Section 68: ITAT Surat
Delhi HC: FCCB Redemption Premium Is Revenue Expenditure
Allahabad HC: Section 148 Notice to Deceased Assessee Is Void Ab Initio
CBDT Urged to Cut Disputed Demand Deposit to 10%
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.
