Income Tax
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PF/ESI Deduction Denied for Late Deposit, Allowed for Holiday – 143(1) Adjustment Upheld
Employees contribution to EPF & ESI to be made on or before due date as per respective labour law
Controversy on Section 153D Approvals Without Application of Mind
Madras HC Nixes Reassessment: Change of Opinion Cannot Justify Reopening
Income Tax Search: A Step-by-Step Procedure
ITAT Delhi Quashes Assessments Due to Invalid Section 153D Approval
Wrong ITR Form Not Fatal – Family Trust Not Taxable at MMR: ITAT Agra
ITAT Delhi Cuts Bogus Creditors Addition from ₹3.50 Cr to ₹45 Lakh
AO Quoted Non-Existent Section 147(a) -ITAT Quashes Reassessment
ITAT Delhi Quashes PCIT’s 263 Orders – Rental Income Taxed as House Property
Charging Interest in Microfinance Doesn’t Kill Charitable Status: ITAT Delhi
ITAT Delhi: Corpus Donation Not Income – ₹26.25 Lakh Addition on Trust Deleted
Tax Avoidance vs. Tax Evasion in India
Rights of Assessee under Sections 133, 133A & 132 of Income Tax Act, 1961
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.
