Income Tax
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Cash Withdrawn before Demonetisation not Unexplained: 69A Addition deleted
ITAT Delhi Remands Reassessment Due to Notice on Wrong Email Address
Vegetable Vendor Case: ITAT Upholds Estimation of 2% Profit on Cash Deposits
House Construction Out of Declared Cannot be Taxed Again: ITAT Delhi
CBDT Amends Income Tax Rule 2DCA
Post-Search Statements is not Incriminating Material for Section 153A
AO Cannot Override TPO; Rs. 33.95 Cr TP Addition Set to Nil: ITAT Delhi
ITAT Delhi deletes addition on family-owned luxury watches
Failure to provide PAN alone couldn’t be the sole reason to treat sales as unexplained money, when Aadhaar details were submitted
Sec 54 not just Purchase Price – Includes Interiors & Utilities – Habitable Home Costs are Eligible
ITAT Delhi Restores Ex-Parte Appeal – Delay Condoned as CIT(A) Sent Notices to Wrong E-Mail
No TOLA Shelter: ITAT Delhi Quashes 2015-16 Reopenings as Time-Barred
Search Assessments based on incriminating materials were valid as approved by JCIT
No 120(4)(b) Order, No Jurisdiction – Mere Mention Not Enough – ITAT Delhi
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.
