Income Tax
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Additional Evidence Requires AO Remand Report: Pune ITAT Restores Addition
Section 68 Inapplicable to Genuine Trade Payables: Pune ITAT Deletes ₹1.50 Crore Addition
Bogus Purchases Cannot Be Separately Added After Profit Estimation: ITAT Agra
Charter Hire Disallowance Deleted as Related-Party Charges Below Comparable Rates: ITAT Mumbai
30% Site Maintenance Expense Disallowance Excessive; ITAT Restricts It to 10%
Skill Development Activities Charitable; Section 12AB Registration Allowed: Delhi ITAT
Interest Disallowance Deleted as Property Purchases Funded Separately: Delhi ITAT
ITAT Surat Remands ₹3.12 Crore Section 69A Addition with ₹10,000 Cost
Wrong Exemption Section in ITR Cannot Deny Section 10(26AAB) Benefit: ITAT Lucknow
IDS Declaration Failed but Tax Already Paid Must Be Credited: Bombay HC
Supreme Court Refuses Interference in IDS 2016 Tax Credit Ruling
Delhi ITAT Upholds Black Money Tax on Undisclosed UAE Bank Account and Investment
Section 244A Exclusion Cannot Justify Delayed DTVSVS Refund: Delhi HC
SBI Not Assessee in Default for Foreign LTC TDS: ITAT Ahmedabad
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.
