Income Tax
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No 8% Profit Estimate Without Rejecting Audited Books U/s 145(3)
ITAT Quashes Time-Barred Reassessment Despite Non-Cooperation; ₹5,000 Cost Imposed
APMC Bills Secure Relief U/s 69A Despite Crop Missing in RTC: ITAT Bangalore
ITAT Delhi Deletes Section 270A Penalty for Fully Disclosed Disputed Treaty Income
Gujarat HC Quashes Section 148 Notice Issued Against Deceased Assessee
Madras HC Allows Form 10B Delay Condonation for Genuine Hardship
Suspicion Cannot Replace Evidence in Penny-Stock LTCG Cases: Madras HC deletes addition
Gujarat HC Deletes Section 271(1)(c) Penalty on Debatable SPN Interest Disallowance
Nothing to Cure When Notice Is Issued to a Dead Person
Suppressed Turnover Cannot Be Fully Taxed as Income, ITAT Limits Addition to 2%
Calcutta Hc Upholds Ad Hoc Superannuation Fund Contribution for Actuarial Deficit
AY 2015-16 Reassessment Notices Issued After 1 April 2021 Quashed by Madras HC
ITAT Mumbai Deletes TDS Demand on Unascertained Year-End Expense Provisions
ITAT Chennai Grants Section 10(37) Exemption on Enhanced Agricultural Land Compensation
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.
