Income Tax
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Delhi ITAT Quashes Assessment Order Passed Beyond Section 144C(13) Limit
Assessment orders passed beyond prescribed period are invalid: ITAT Delhi
Adobe India Tax Order Quashed due to failure to follow Statutory Time Limit
ITAT Delhi Overturns Cash Deposit Addition
Delhi HC Upholds Tax Addition under section 68 for Unexplained Cash
Cash Deposits from Gold Sales to Unverified Buyers Attract Section 68 Additions
Bar on CSR Deduction u/s 37(1) Doesn’t Affect Section 80G Claims: ITAT Bangalore
CSR Deduction u/s 80G Valid, Section 263 Order Quashed: ITAT Mumbai
CSR Expenses Not Deductible u/s 37 but Allowed u/s 80G: ITAT Bangalore
ITAT Mumbai allowed Section 80G deduction for CSR spending
CSR Contributions Eligible Under Section 80G: ITAT Mumbai
Advances for Shelved Project is a Revenue Expense: Bombay HC
ITAT Delhi Backs Assessee on NSEL Bad Debt Claim
Section 68 Amendment on Creditor’s Source Applies from AY 2023-24
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.
