Income Tax
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ITAT Surat Deletes Section 68 Addition on Loan Repaid Within Same Financial Year
Telangana HC Allows Section 54F Exemption Despite Delay in Villa Handover by Developer
No Section 13A Exemption to Political Party Issuing Bogus Donation Receipts: Delhi HC
No Section 270A Penalty for Bona Fide PAN Classification Error: ITAT Mumbai
Foreign Tax Credit Allowed Despite Delayed Filing of Form 67: ITAT Delhi
ITAT Mumbai Allows Section 10(38) Exemption on JMD Telefilms Share Sale
ITAT Panaji Grants Section 80G Approval, Teaching Vedas Is Charitable Education
ITAT Lucknow Deletes Section 272A(1)(d) Penalty Where Tax Notices Went Unnoticed
ITAT Mumbai Sets Aside Section 12AB Registration Rejection Over Foreign Conference Expenses
Existing Section 12AB Registration Cannot Be Invalidated During Renewal Proceedings: ITAT Mumbai
ITAT Restricts Cash Deposit Addition to 0.25% Commission for Name-Lender
Private Trust Taxable at Normal Rates, Not MMR: ITAT Delhi
Karnataka HC Sets Aside Time-Barred KVAT Revision Orders Beyond Five Years
TDS Deduction & Tax Invoices Prove Consultancy Services, Calcutta HC Allows ₹60 Lakh Claim
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.
