Income Tax
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Tax Deducted at Source (TDS): Compliance Challenges in India
Reopening Quashed as No Lender Certificate Required for Let-Out Property Interest: Bombay HC
Gratuity and Leave Provisions Qualify as Application of Income under Section 11: ITAT Mumbai
Income Tax Refund Must Include Interest Till Actual Payment Date: Orissa HC
Delhi HC Sets Aside 153C Proceedings for AY 2010-11 to 2013-14 Due to Limitation
Section 263 Upheld Due to Lack of Enquiry on Section 54F Claim & Foreign Property Ownership
LTCG Addition Deleted as AO Relied Solely on Investigation Report Without Independent Inquiry
New Tax Regime vs Old: What Budget Means for Middle Class – A Legal & Economic Analysis
Inoperative PAN – A Silent Tax Trap for Non-Residents
No Lender Certificate Required for Interest Deduction on Let-Out Property: Bombay HC
“ITR Looks Simple… Until Scrutiny Begins” – A Note for Private Company Directors
Failure to Select VC Option Doesn’t Deny Oral Hearing if Requested in Writing
Excise Duty Refund Held Capital Receipt as Linked to Investment Scheme: Delhi HC
P&H HC Sustained Addition as Assessee Failed to Disprove Bank Stock Statements
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.
