Income Tax
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ITAT Chandigarh Dismisses Appeal as Withdrawn After Assessee Opts for Vivad Se Vishwas
Time limit of six years is reasonable for passing order u/s. 201 of Income Tax Act
Disallowance on basis that ESOP expenses is contingent in nature cannot be sustained
Tribunal Protects Woman Assessee: No Burden to Prove Credit worthiness of Husband & Sons
Blanket Sanction Fatal: Tribunal Strike Down 153A Orders
ITAT Delhi Deletes Rs.11.21 Cr Addition Against Ex-MLA – PAN Mismatch Fatal
Ground Handling at Airports Eligible for Section 80IA Deduction: ITAT Delhi
No Section 269SS Penalty Without Proof of Actual Cash, MOU Alone Insufficient – Rs. 25 Cr Penalty Quashed
ITAT Delhi Deletes Rs.8.16 Cr Addition on Share Capital & Commission – AO’s Suspicion Insufficient
₹2 Cr Capital Infusion via Mortgage Loan Not Taxable on Mere Suspicion: ITAT Delhi
ITAT Kolkata Restores Appeal, Imposes ₹50k Non-Cooperation Cost
Trade Discount Not Commission: ITAT Quashes CIT’s Section 263 Revision for Overreach
CCIT, ITO Jodhpur Get 4 Years Jail in CBI Bribery Case
The Puzzle of Tax Audit and ITR Due Dates
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.
