Income Tax
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Suspicious Foreign Remittances: CBDT Verifies 394 Entities, 36 Professionals
Pune ITAT Restores Reassessment as Notices Sent to Defunct Email
Mumbai ITAT Allows Sections 54 & 54F Exemptions for Two Amalgamated Flats
Mumbai ITAT Quashes ₹1.60 Crore Additions for Denial of Reassessment Material
CBDT Launches Nationwide Verification of Suspicious Foreign Remittances
Mumbai ITAT: Penalty Invalid Where Notice Alleged Inaccurate Particulars but Order Found Concealment
Mumbai ITAT Quashes Assessment Framed in Name of Amalgamated State Bank of Mysore
Wife’s Jewellery Not Taxable in Husband’s Hands: ITAT Nagpur Deletes Addition
Journal Entry Recording Pre-existing Assets Is Not Unexplained Cash Credit: ITAT Bangalore
Bangalore ITAT Deletes PF/ESI Adjustment: CPC Cannot Decide Debatable Issue
Bangalore ITAT Deletes Section 68 Addition as Bank Statement Satisified 3 Conditions
Bangalore ITAT Quashes Reassessment: ₹20.52-Lakh Income, 3-Year Limit
Bangalore ITAT Restores ₹23.23-Lakh Addition: Agricultural Income Evidence Needs Verification
Bangalore ITAT: Foreign Tax Credit Not Denied for Delayed Form 67 Filing
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.
