Income Tax
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ITAT Cuttack Voids Income Estimation Without Books Rejection
ITAT Allows LTCG Exemption on Inherited Shares
Delay of 388 days in filing appeal not condoned as sufficient reason not explained
Omnibus Penalty Notice without Striking Irrelevant Limb Held Invalid
Cash Deposits During Demonetisation Cannot be Treated as Unexplained Money
Free Prototypes from AE Not Taxable, Training Payments not FTS
SC Quashes 276C Prosecution After Settlement Commission Immunity
54F Deduction Allowed on Gain from Sale of Jewellery Inherited Through Will
AO Must Sign Assessment Order, Authentication Not Enough: ITAT Kolkata
Sale via POA Doesn’t Trigger Capital Gains: ITAT Ahmedabad
Ex-Parte Income Tax Order: ITAT Allows Fresh Assessment of Book Seller
Income-Tax Act, 2025: A New Era in Indian Taxation
Interest from Co-op Investments Eligible for 80P Deduction, Not from Scheduled Banks
Revision u/s 263 Upheld: AO’s Silent Acceptance of Cash Deposits & Property Source is Erroneous
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.
