Income Tax
Log in to FollowGet all latest income tax news, act, article, notification, circulars, instructions, slab on Taxguru.in. Check out excel calculators budget 2017 ITR, black money, tax saving tips, deductions, tax audit on income tax.
Section 153C Assessments Void for Post-April 2021 Satisfaction Note: ITAT Delhi
Section 80-IB Deduction Not Reducible Before Computing Section 80HHC Relief: Madras HC
DEPB & Duty Drawback Ineligible Under Section 80-IB, Section 80-IA Issue Remanded: Madras HC
Section 147 Reassessment Annulled as Examined Cash Deposits Involved Change of Opinion: ITAT Lucknow
Section 69A Addition Deleted as Cash Deposits Explained by Withdrawals & Co-owner’s Advance: ITAT Delhi
AO Must Verify Rural Branch Data Before Section 36(1)(viia) Deduction: ITAT Indore
Bonafide Education Cess Claim & No Exempt Income Bar Penalty & Section 14A Disallowance: ITAT Pune
Section 69 Addition Cannot Rest Solely on Uncorroborated Loose Sheets: ITAT Hyderabad
Section 69A Addition Remanded After Plea of Mental & Neurological Illness: ITAT Pune
Section 148 Reassessment Quashed for Limitation & Invalid Section 151 Approval: ITAT Kolkata
Fuel Expense Disallowance Restricted to 5% Due to Self-Made Voucher Difficulties: ITAT Kolkata
Reassessment Vitiated by Cross-Examination Denial & Section 147 Use Instead of 153C: ITAT Surat
Section 147A Amendment Requires Fresh Consideration of Reassessment Challenge: Karnataka HC
Routine Support Services Not Royalty Under DTAA; Taxable as Business Profits Without PE: ITAT Delhi
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.
