Income Tax
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Exemption u/s 11 Cannot Be Denied When 12AA Registration Exists: ITAT Delhi
Section 44AE Chaos of Heavy Goods Vehicle Owners
SBNs deposits Not Taxable Again as Cash Credits in Wine Trader Case: ITAT Bangalore
ITAT Pune Quashes Reassessment u/s 147, Says Search Cases Must Proceed u/s 153C
Consequential Section 143(3) r.w.s. 263 Assessment Invalid Once 263 Quashed: ITAT Mumbai
No Section 69A Addition for Normal Business Deposits during Demonetisation
Denial of TDS Credit Unsustainable When Entries Duly Reflected in Form 26AS
ITAT Mumbai Deletes Addition on Property Deal, Says 10% FMV Tolerance Applies to Sec 56(2)(vii)
Amount held in scheduled bank qualified for Section 11 exemption: ITAT Jaipur
ITAT Jaipur Clarifies Survey Income Taxation, Partner Remuneration & Sec 115BBE
Tax Consultants Chamber Requests ITR Filing Extension Amid Technical Issues
ITAT Delhi Deletes MAT Adjustment on Goodwill Amortisation
PCIT Cannot Rush u/s 263 Without Giving Assessee Adequate Opportunity
CIT(A) Must Decide on Merits, Not Dismiss for Default
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.
