Income Tax
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ITAT Kolkata Upholds Section 80G Deduction for Eligible CSR Contributions
ITAT Bangalore Allows Section 80G CSR Deduction, Remands Repairs Claims, Rejects Education Cess
Section 14A Addition Beyond Exempt Income Unsustainable: Mumbai ITAT
Section 35(2AB) R&D Deduction Dispute Remanded to AO for DSIR Certification Reasons: Mumbai ITAT
Section 43CA Revision Quashed as AO Had Examined Booking & Bank Payments: Mumbai ITAT
Stamp Duty Value Difference Within 5%: ITAT Mumbai Deletes Section 43CA Addition
ITAT Mumbai Deletes Section 56(2)(x) Addition Applying 10% Tolerance Limit Retrospectively
ITAT Mumbai Allows Section 54 Exemption on Allotment Letter and Payment Proof
Form 10-IE filing held directory; ITAT allows Section 115BAC benefit despite delayed filing
Panaji ITAT Deletes ₹7 Lakh Section 69 Addition from Disclosed Business Receipts
Private Family Trust: Tax, Succession and Asset Protection
200% Section 270A Penalty Invalid Unless Specific Misreporting Limb Is Identified: Bangalore ITAT
Bangalore ITAT: No 5% Profit Estimation Without Specific Defects in Audited Books
AO’s Wrong Tax Computation Justifies Condonation of Appeal Delay: Delhi ITAT
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.
