Income Tax
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ITAT Bangalore dismisses revenue appeal against Rajiv Gandhi University
No Fresh Assessment if Section 263 Order Quashed: ITAT Ahmedabad Rejects Rs. 7.87 Cr Addition
ITAT Deletes Section 270A Penalty as Deduction Claim Matched Revised Audit Report
₹3.65 Cr Cash Deposits: ITAT Finds No Live Link, Sends Case Back for Fresh Hearing
Cash Deposits during Demonetization from Business Sales Are Not Unexplained
No PAN, No Problem: ITAT Delhi Accepts Low-Wage Worker Salary Payments in Cash
Disallowance Under Rule 8D Valid When No satisfactory explanation given
Employee Embezzlement Loss Allowable as Business Deduction in Year of Discovery: ITAT Mumbai
GST Order Hidden Under Wrong Portal Tab, Fresh Hearing Directed by Allahabad HC
Investment by Husband Can’t Be Taxed in Wife’s Hands – Addition for Joint Property Deleted
Presumptive Taxation: 44AD & 44ADA for Small Businesses & Professionals
ITAT Patna Restores Appeal After NFAC Passed Ex-Parte Order Without Hearing Assessee
Domain registration & web hosting not taxable as royalty under India-UAE DTAA
ITAT Cuttack: Delay Not Intentional, CIT(A) Must Rehear Taxpayer on 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.
