Income Tax
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ITAT Upholds No Additions Without Evidence, Loose Sheets Insufficient
Form 26AS vs CPC Mismatch: ITAT Orders Proper TDS Credit Verification
ITAT Bangalore Grants Reasonable Estimate for Cost of Improvement
Receipt of equipment on returnable basis not demonstrated hence revision u/s. 263 justified
ITAT Delhi Quashes Reassessments: Mechanical Sanctions u/s 151 Held Invalid
Labour & Hamali Charges Need Not Have Third-Party Bills: ITAT Bangalore
ITAT Limits Arbitrary Profit Loading to 8% When Books Are Missing
Determination of Residential Status under Income Tax Act: An Analysis
Partner Confession Alone Not Enough for Cash Credit Additions: ITAT Bangalore
Section 87A Tax Rebate Cannot Be Denied for Omission in Original Return
Appellate authority entitled to entertain fresh claim: ITAT Rajkot
Rajasthan HC Quashes Sec.148 Notice Issued by Jurisdictional AO Instead of FAO
Rajasthan HC Quashes Section 148 Reassessment by JAO Instead of FAO
ITAT Upholds Section 12AB Registration of Trust Even Without Immediate Spending
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.
