Income Tax
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Kolkata ITAT Quashes Assessment as Section 143(2) Notice Was Without Jurisdiction
BSNL VRS-2019 Ex-gratia Fully Exempt Under Section 10(10B): Surat ITAT
Patna ITAT Deletes Search Additions Based on Retracted Statements & Estimates
Section 54F Deduction Cannot Be Denied for Completion Certificate: ITAT Ahmedabad
Business Expense allowed Despite Nil Sales & Production: ITAT Kolkata
Delay in Cash Withdrawal & Redeposit Cannot Trigger Section 69 Addition: ITAT Chennai
Invalid Section 143(2) Notice by Non-Jurisdictional AO Quashes Assessment: ITAT Kolkata
Section 270A Penalty Deleted on Excess Section 80G Deduction Claim: ITAT Jabalpur
Section 12A & 80G Registration Directed for Overseas Scholarship Society: ITAT Delhi
Foreign Commission for Export Orders Not Liable to Section 195 TDS: ITAT Delhi
Section 148 Reassessment Notices Issued Beyond Section 151A Set Aside: Karnataka HC
Addition on Alleged Bogus LTCG From Penny Stock Upheld: ITAT Ahmedabad
Protective Additions Deleted After Substantive Assessments Were Quashed: ITAT Delhi
Section 12AB Registration Matter Remanded After Missed Email Notice: ITAT Mumbai
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.
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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.
