Income Tax
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ITAT Delhi Deletes Rs 60 Lakh Marriage Expenditure Addition for Lack of Evidence
Firm’s Property Can Be Auctioned Without Separate Notice to Every Partner: Madras HC
Wrong PAN Cannot Make One Taxpayer Liable for Another’s Income: Delhi ITAT
Assessment Cannot Survive After Foundational Section 153C Notice Is Quashed: Delhi ITAT
Delhi ITAT Quashes Reassessment for PCIT Approval Instead of PCCIT under Section 151
Section 153C Limitation Starts When Seized Material Reaches Other Person’s AO: Delhi ITAT
ITAT Pune condones delay and remands appeal to CIT(A) for fresh adjudication
Reassessment Cannot Shift From Cash Credits to Estimated Commission: ITAT Delhi
Third-Party Opening Balance Cannot Become Current-Year Income: ITAT Delhi
Section 139(8a) To 263(6): Did Updated Return Regime Actually Change?
New Section 149 Cannot Revive Assessment Already Time-Barred: ITAT Delhi
Delhi ITAT Dismisses Revenue Appeal as AY 2010-11 Falls Outside Section 153C
Annual Crisis of 30th September Tax Audit Deadline
ITAT Condones 163-Day Delay and Remands Section 69A Assessment for Fresh Adjudication
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.
