Income Tax
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No Double Taxation: ITAT Pune Deletes ICDS and Provision Reversal Additions Due to Consistent Accounting

ITAT Hyderabad Condonation of Delay: Appeal Restored After NFAC Sent Notices to Wrong Email

Section 69A matter remanded back as additional evidences needs verification of lower authority

Order passed u/s. 263 without considering submissions is non-speaking order

ITAT Deletes Sales Promotion Disallowance for Consistent Business Practice

Enhancement by CIT(A) without giving notice u/s. 251 is vitiated in law

ITAT Delhi Rules DigiCert License Fees Not Taxable as FTS

Penalty towards breach of contract cannot be disallowed under Explanation to Section 37(1)

Reassessment Notice Quashed for Lack of Proper Sanction under Section 151

ITAT Jaipur Upholds Bogus Loan Additions, Slams Assessee’s Counsel for Misconduct

ITAT Delhi Quashes Reopening Based on Bogus Purchases for Being Time-Barred

Notice u/s. 143(2) issued by non-jurisdictional officer is unwarranted: ITAT Delhi

Addition towards unsecured loan sustained as three ingredients u/s. 68 not established

AO Cannot Reopen Assessment U/s. 147 Before 143(2) Period Expires: 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.

