Income Tax
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ITAT Delhi Remands Reopening on Audit Objection; Dissenting View Quashes as Change of Opinion
Addition Based on mere Loose Papers & Third-Party Statement deleted
Late Filing of Form 67 Cannot Deny Foreign Tax Credit: ITAT Bangalore
No addition of cash deposits of ₹ 17.16 Lakh u/s 69A as demonetization deposits were valid until 31.12.2016
All about Carry Forward of Share Trading Losses in AY 2025-26
Pending appeal no bar for Section 263 action on unrelated issues: ITAT Pune
ITAT Ahmedabad Quashes Assessment on Non-Existent Entity – AO Duly Informed of Amalgamation
“Either…Or” Reasons Show AO’s Non-application of mind: ITAT Ahmedabad quashes Reopening
Interest u/s 234B on Updated Return to be calculated only till Filing Date: ITAT Pune
ITAT Chennai allows Foreign Tax Credit Claim Despite Delay in Form 67 Submission
Reassessment Void for Approval from Incorrect Authority Beyond Three Years
ESOP Expenses and CSR Donations Are Tax Deductible: ITAT Mumbai
Deeming Gains, Not the Asset: Section 50AA Under the Lens
Under Pre-Amendment Law, No ‘Source of Source’ Proof Needed for Section 68
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.
