Income Tax
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ITAT Remands Unexplained Money Case to CIT(A) After Non-Appearance due to Miscommunication
Bogus Sales: CIT(A) Must Pass Speaking Order Even If Assessee Fails to Appear – ITAT Agra
ITAT Allows Section 115BAB Tax Rate After CPC’s Wrong Denial of Manufacturer Status
ITAT Agra Orders Fresh Assessment in Dual-PAN Cash Deposit Case due to Natural Justice Violation
ITAT Sets Aside Ex-Parte Order for Lack of Reasoned Findings by CIT(A)
CIT(A)’s Voluminous Cash Book Upload Demand: Kerala HC Orders Local Verification
ITAT Restores Appeal for Failure to Examine Client Code Modification Facts
ITAT Raipur Deletes Section 234E Late Fee for TDS Filing Before 01.06.2015
Cash Deposits Already Covered Under Presumptive Income u/s 44AD – No 69A Addition
Sec. 263 Cannot Be Used to Replace AO’s Possible View on Scrutinized LTCG Income
Investment Addition Deleted: ITAT Rejects ₹1.23 Cr NMS Data Based on Actual Sale Deed
ITAT Ahmedabad Deletes Addition for Small Foreign Currency Found During Search
Section 271(1)(c) Penalty Cannot Survive When Quantum Addition is Remanded
Partial Tax Relief on Alleged Bogus Purchases Due to Profit Already Declared
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.
