Income Tax
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Pune ITAT Holds Wrong Sanction Invalid, Quashes AY 2017-18 Reassessment

Mumbai ITAT Quashes Search Assessment: Section 148 Notice Mandatory for Pre-Search Year

Section 145A, ICDS-VIII and the Curious Case of Closing Stock

Taxation of Partnerships under UAE Corporate Tax

Commercial Dependence Alone Does Not Create Associated Enterprise: Mumbai ITAT

Ind AS Book Entries Cannot Create Taxable Income: Mumbai ITAT Deleted ₹130.92-Crore Additions

ITAT Ahmedabad Allows Section 80JJAA Deduction Despite Delayed Form 10DA

Delayed Form 10DA Filing Does Not Defeat Section 80JJAA Deduction: ITAT Mumbai

Mumbai ITAT Allows PF/ESIC Deduction Paid Before Return Due Date

ITAT Nagpur Deletes Addition Where Reassessment Reasons Concerned Different Property

ITAT Delhi Quashes Reassessment Where Recorded Reason Gets No Addition

ITAT Kolkata Sets Aside TP Adjustment under Omitted Section 92BA(i)

ITAT Ahmedabad Quashes Domestic TP Adjustment under Omitted Section 92BA(i)

Delhi HC Quashes Reassessment Notices for Lack of Section 151(ii) Approval
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.
