Income Tax
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Bombay HC Voids Income Tax Case Transfer Post-Assessment Completion
Gujarat HC Upholds 25% Disallowance for Bogus Purchases
Reassessment Quashed: Approval for Notice Beyond 3 Years Must Be PCCIT, Not PCIT
Activities of Statutory Urban Development Body Not Commercial: ITAT allows Section 11 Exemption
ITAT Delhi Quashes Additions Beyond Six-Year Limit Under Section 153C
Search Assessment Barred: Limitation Period Starts When AO Gets Seized Papers
ITAT Delhi: Section 50C Inapplicable to Buyer in Slump Sale – Goodwill Depreciation Allowed, Non-Compete Fee Disallowed
ITAT Delhi Rejects Segmentation of Trading and Service Activities in Transfer Pricing Case
ITAT Delhi Deletes Penalty for Non-Compliance Where Notice Not Served on NRI
ITAT Delhi Dismisses Tax Appeals as IBC Proceedings Override Income Tax Act
ITAT Delhi Quashes 43 Search Assessments for Mechanical 153D Approvals
Charitable Trusts Not Claiming Section 11 Exemption Taxable at Normal Slab Rates
CBDT extends due date of ITR & Tax Audit Report for Assessment Year 2025-26
CBDT Guidelines for Assessment of Tax on Agriculture Income
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.
