Income Tax
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ITAT Nagpur Quashes PCIT’s 263 Revision: Protective Addition Cannot Be Substituted
Deposits Wrongly Clubbed with Share Capital – Tribunal Quashes NFAC Order
Cochin ITAT Restores 68 Addition on Capital Account to AO for Fresh Verification
Technical Delays Cannot Deny Substantive Justice – CIT(A) Must Hear Appeals on Merits
Reassessment u/s. 148 on same ground already considered by AO cannot be sustained
HUF Wealth Planning: Smart Ways to Transfer Assets
Extension of Tax Audit Due Date u/s 44AB – Who Are Real Sufferers?
Joint Property Sale: Full TDS Credit Must Be Allowed If Deducted in Assessee’s Name
ITAT Rajkot Deletes ₹65 Lakh Addition Against Farmer, Accepts Compensation as Source
Presumptive Taxation of Non‑Residents under Income‑tax Act, 1961
Unexplained Income Provisions: Sections 68, 69, 69A, 69B, 69C & 69D
How Income-Tax Concessions, Exemptions & Deductions Shape India’s Public Policy
Rajasthan High Court Extends Tax Audit Report Deadline
Exemption u/s 11 and 12 could not be denied to Charitable Trust if Audit Report was filed by extended due date even if after the filing of ITR
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.
