Income Tax
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ITAT Pune Excludes Bhilwara Infotechnology, Aspire Systems & MPS as Comparables for AY 2016-17
ITAT Bangalore Quashes Section 263 Revision Over Partner Remuneration Deduction
ITAT Pune Allows Section 10(10B) Exemption on BSNL VRS Compensation
ITAT Bangalore Allows Full BSNL VRS Exemption Under Sections 10(10B) and 10(10AA)
ITAT Hyderabad Allows BSNL VRS Exemption Under Section 10(10B)
Telangana HC Quashes Income Tax Delay Rejection for BSNL Retiree
ITAT Hyderabad Deletes JDA Additions Under Section 56 for Lack of Corroboration
Mumbai ITAT Sets Aside Penalty Order, Directs Reconsideration of Section 270AA Immunity
Section 270A Penalty Quashed After Madras HC Condoned Immunity Application Delay
Mumbai ITAT Allows Section 80JJA Deduction Despite Delayed Form 10DA Verification
ITAT Indore Remands 12A/12AB, 80G Rejections for Fresh Consideration in 50 cases
Kolkata ITAT: Sundry Creditors Not Bogus Without Specific Notice; Reassessment Ordered
Kolkata ITAT: ₹36.53 Crore Accommodation Entries Taxable Only at 0.15% Commission
Choosing the Right US Market Entry Structure for Indian Businesses
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.
