Income Tax
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ITAT Hyderabad Remands ₹1.45 Crore Foreign Bank Credit Addition for Fresh Adjudication
Fresh Assessment Cannot Exceed Scope of Section 263 Directions: Allahabad HC
Mumbai ITAT Deletes Section 69A Cash Redeposit Addition Based on Mere Suspicion
Finance Minister Outlines 5Rs of Responsive Tax Governance
Schedule FA Reporting for Indians holding US Stocks through apps
Minor’s Partnership Income Cannot Be Clubbed for Pre-April 1976 Period: Patna HC
ITAT Chandigarh Deletes GP Addition; Rejects Audited Book Rejection Without Specific Defects
Section 68 Inapplicable to Cash Deposits from Recorded Jewellery Sales: ITAT Jaipur
ITAT Delhi Deletes Addition on Closing Cash-in-Hand Backed by Bank Withdrawals
Section 69A Inapplicable to Cash Deposits Recorded in Books: ITAT Visakhapatnam
Recorded Sales Cannot Be Taxed Again Under Section 69A: ITAT Chandigarh
Gifting Money to Your Spouse? Your ITR May Reveal More Than Ever
Chennai ITAT Deletes Section 271D Penalty on Cash Property Sale Consideration
Chennai ITAT: 80G Approval Cannot Be Denied Without Verifying Religious Expenditure
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.
