Income Tax
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Due Date Must Link to Salary Disbursement – ITAT Delhi Restores PF/ESI Disallowance Issue
Paper Companies, Real Tax – Entry Operators Beware – Tribunal Clears Path for 100% Additions
No Business, No 115BAB: Pre-Operative Stage Can’t Trigger 115BAB Adjustments
CIT(A) Overstepped- Enhancement Without Notice Is Void ab initio: ITAT Delhi
ITAT Condoned Delay, Restores ₹4.63 Cr Cash Deposit Case for Fresh Hearing
Code Name “Thekedar” Not Enough – Presumption Under 292C Applies Only to searched assessee
Who Is Liable To Pay Advance Income Tax?
ITAT Chennai Quashes Income Tax Assessment on Non-Existent Company
ITAT Quashes Assessment on Revenue’s failure to provide jurisdictional order
Delayed Filing of Form 10-IC – Substantive Right vs. Procedural Lapse
Seized Records Prove Brokerage, Yet Income Must Be Realistic: ITAT Jaipur
Time Calculated by Calendar, Not Clock: Jharkhand HC Quashes IT Notices for AY 2017-18
SC Dismisses Revenue Petitions, Follows Rajeev Bansal Judgment
Calcutta HC Quashes IT Notice for AY 2019-20 Over Lack of Personal Hearing
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.
