Income Tax
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Karnataka HC Quashes Section 148 Notice for AY 2015-16 as Time-Barred
Section 44C Covers Common & Exclusive Overseas HO Expenditure: SC
AO Cannot Impute Partner Interest to Curtail Section 10AA Deduction: ITAT Surat
AO Cannot Compel Partner Interest or Remuneration for Section 80IB: ITAT Surat
ITAT Pune Upholds Tax on Capitation Fees of Educational Trust
ITAT Pune Allows ₹1 Crore Section 54EC Deduction Across Two Financial Years
ITAT Mumbai Holds Rule 8D Inapplicable to AY 2005-06, Restores Section 14A Disallowance
Bombay HC Upholds Section 14A Disallowance, Rule 8D Prospective from AY 2008-09
Salary Taxable Only on Accrual, Not Mere Form 16 or 26AS Entries: Bengaluru ITAT
Request to Implement Foreign Assets Disclosure Scheme 2026
Crypto Futures Tax in India: How Speculative Treatment Can Reduce Tax
No Section 69A Addition on Disclosed Property Sale Cash Receipts: ITAT Delhi
Depreciation Allowed on Leased Vehicles Despite Customer Registration: Bombay HC
Section 263 Cannot Revise Search Assessment for Unabated Year Without Incriminating Material: Bombay HC
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.
