Income Tax
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Department cannot recover Income tax or adjust refunds during subsistence of stay order
TDS on CAM Charges Liable at 2% Under Section 194C, Not as Rent: ITAT Delhi
ITAT condoned delay in appeal filing due to bona fide mistake of tax consultant
Late Filing of Form 10B Valid if Before Assessment Completion: ITAT Mumbai
Kerala HC Stays Recovery Against Trust Pending Appeal After 12A Registration Restored
Kerala HC Dismisses Writ Against Assessment; Directs Assessee to File Appeal U/s. 260A
Kerala HC Stays Recovery Pending Appeal on Section 80P Deduction Dispute
One Notice, One Hearing, One Swift Verdict – ITAT Order Quashed
Tax Recovery Halted as Appeal Awaited: Kerala HC Issues Directions
Reassessment Order Set Aside After GST Proceedings Closure on Same Issue
Bombay High Court Quashes Section 148 Notice Issued by Jurisdictional Officer
Exemption Can’t Be Denied for Late Form 10B Filing: ITAT Kolkata
Sale of Land Not Exempt as Agricultural Land Without Proof of Farming Activity
Issue of taxability of ex-gratia payment to be decided based on identical judgement: Matter remanded
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.
