Income Tax
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ITAT restricted hawala party purchases disallowance to 25% of bogus purchase
Share of Profit from AOPs Not Taxable Again in Member’s Hands: MP HC deletes ₹65 crore addition
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ITAT Restores ₹22.01L Bank Deposits to AO After Ignored Affidavits & Sale Deeds
ITAT Deletes Disallowance Caused by Clerical Error in Tax Audit Report
ITAT Restores Illiterate Assessee Appeal, Allows Cash Deposits Examination
Financial Crisis and COVID-19 Delay: ITAT Pune condoned 631-day delay
ITAT Allows Withdrawal of Revenue Appeal Due to Tax Effect Below CBDT Prescribed Limit
ITAT Raipur Condoned 93-Day Delay, Remands Cash Deposit Case for Fresh Adjudication
School Fees Treated as Unexplained Income? ITAT Bangalore Orders Fresh Examination
Appeal Dismissed for Delay? ITAT Raipur Reiterates CIT(A)’s Duty to Examine Merits
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.
