Income Tax
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‘Yes, I Am Satisfied’ not enough – ITAT Delhi says no to mechanical sanction
Reassessment Quashed: AO Failed to Provide Material u/s 148A – ITAT Mumbai
ITAT Lucknow Allows LTCG Exemption on Share Sale: Unfurnished Report Discarded
TDS Threshold Under 194IA Applies Per Seller: ITAT Ahmedabad
A Simple Guide to ITR Forms: Which ITR Form you should file?
Section 69A Addition Deleted: Wife’s Cash Withdrawals Accepted – ITAT Lucknow
General Public Utility Advancement Services Not Charitable If Done For Profit: SC
Understanding MAT for Indian Companies: A Practical Guide
Exemption Under 54 & 54F In Case of Reconstructed Building: Delhi High Court
Assessment on Deceased Invalid, To Be Redone in Legal Heir’s Name: ITAT Ahmedabad
No Section 194C TDS on Gold Wastage during Ornament Manufacturing
Section 69A Addition Deleted: Assessee Not Owner of Unexplained Cash: ITAT Mumbai
Receipt from Debtors not unexplained: ITAT Bangalore partly deletes section 69A addition
ESOP/ISOP reimbursement is not capital or contingent expense: ITAT Mumbai deletes disallowance u/s 37
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.
