Income Tax
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ITAT Cochin Allows 80P Deduction to Co-op Society based on SC Judgment
ITAT Remands Tax Cases Due to Assessee’s Non-Compliance
TDS Not Deductible on Foreign Bandwidth, 80G allowed on CSR Donation
HP HC Stays 148 Reassessment Notice Due to Pending SC Case
Transfer effective on possession, Not registration – ITAT applies Section 2(47)(v)- Section 43CA cannot override completed Transfer: ITAT Mumbai
No addition in absence of incriminating material: Statement u/s 132(4) not enough
Share Sale to Alleged Shell Firms Not Accommodation Entry: ITAT Jaipur
Early Tax Benefits: A Deeper Look at “Previous Year” for New Income Streams
ITAT Quashes Reassessment as No Addition on Original Issue & Allows 80P Deduction despite unfiled Return
Accused declared as fugitive economic offender as requirements of Fugitive Economic Offenders Act are met
Black Money Recovered By Government Agencies
Shortfall in Direct Tax Revenue and Implications on fiscal deficit targets
Reassessment notice u/s. 148 quashed as approval from specified authority not obtained
Govt Plans PAN 2.0 Rollout to Simplify Tax Services
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.
