Income Tax
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Section 43B(h) of Income Tax Act: Law, Intention, Practical Application & Loopholes
No Capital Gains on Mere Joint Development Agreement Without Possession: ITAT Hyderabad
ITAT Rejects Arbitrary Transfer Pricing Adjustments on Management Services
HC Permits Delayed Submission of Tax Stay Petition Due to Technical Issues
ITAT Visakhapatnam Allows 30% Tax Rate on Demonetization Deposits as per pre-amended Section 115BBE
ITAT Delhi Quashes Additions in Search-Based Assessments Without Incriminating Material
Dumb documents cannot be used alone to assess undisclosed income
Reassessment notice issued after surviving time would be invalid
ITAT Delhi Deletes ₹27 Crore Income Tax Addition on Farmhouse Sale, Cites Flawed Reassessment Proceedings
Section 148 Reassessment Notices Must Follow Faceless Procedure: Delhi HC
Delhi HC Upholds Validity of JAO Notices in Faceless Reassessment Scheme
Delhi High Court Dismisses PC Jeweller’s Challenge to Reassessment Notices
Addition due to stock discrepancy based on distorted figures cannot be sustained
Tax on Gifts to Spouse: Clubbing Provisions & Planning
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.
