Income Tax
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Gujarat HC Quashes Section 148 Notice Based on Factually Incorrect Penny Stock Allegation
Debatable PF-ESI Issue Cannot Be Adjusted Under Section 143(1): ITAT Kolkata
Rajasthan HC Orders Release of Seized ₹7.35 Lakh After Acquittal, Directs Income Tax Verification
Bengaluru ITAT Allows Full Section 10(10B) Exemption for BSNL VRS
Mumbai ITAT Quashes Reassessment; PCIT Approval Invalid Beyond Three Years
ITAT Delhi Restricts Demonetisation Cash Deposit Addition to ₹3.50 Lakh
ITAT Delhi Allows Section 54 Exemption for Multiple Floors of One Residential House
ITAT Hyderabad Remands ₹1.45 Crore Foreign Bank Credit Addition for Fresh Adjudication
Fresh Assessment Cannot Exceed Scope of Section 263 Directions: Allahabad HC
Mumbai ITAT Deletes Section 69A Cash Redeposit Addition Based on Mere Suspicion
Finance Minister Outlines 5Rs of Responsive Tax Governance
Schedule FA Reporting for Indians holding US Stocks through apps
Minor’s Partnership Income Cannot Be Clubbed for Pre-April 1976 Period: Patna HC
ITAT Chandigarh Deletes GP Addition; Rejects Audited Book Rejection Without Specific Defects
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.
