Income Tax
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Substantial Justice Prevails Over Technical Delay – 4-Day Appeal Delay Condoned
Section 54 Deduction Eligible on Actual Investment, Not Ownership Share ITAT Mumbai
ITAT Bangalore Sets Aside Non-Speaking Order Passed Without Proper Notice to Assessee
ITAT Bangalore Deletes ₹80 Lakh Addition Made for Non-Filing of Form 10 in Wrong Year
ITAT Pune Remands Case for Failure to Decide Legal Ground under Section 147/148
ITAT Bangalore Deletes Cash Deposit Addition: Gift & Savings Accepted as Source
Section 69A Addition Deleted: Reliance on Third-Party Data Insufficient
Assessment Order Without DIN Invalid Despite Later Intimation: ITAT Chennai
PAN jurisdiction in ITBA is of no consequence without transfer order passed u/s. 127
Cash Deposit Explained – ITAT Bangalore Deletes ₹11 Lakh Addition u/s 69A
ITAT Ahmedabad Upholds Reopening on Surrendered PAN
Section 263 Revision Quashed: Tax-Neutral Depreciation Issue Not Prejudicial to Revenue
Income Tax Order Passed After 10 Years is Time-Barred: Telangana HC
Infrastructure Grants from State for road projects Are Capital, Not Revenue Receipts: 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.
