Income Tax
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Section 69 Addition Deleted as No Evidence Linked Joint Holder to Alleged On-Money: ITAT Mumbai
No Section 271(1)(c Penalty on Additional Income Declared in Section 153A Return: ITAT Delhi
WhatsApp Chats Accepted as Evidence, On-Money Addition Limited to 25%: ITAT Mumbai
Section 50C Amendment Retrospective for Agreement Date Valuation: ITAT Mumbai
Leave Encashment Exemption Cannot Be Refused Merely Because Form 16 Omits It: ITAT Pune
CBDT Notifies NPCIL Asset Transfer to ASHVINI as Tax-Neutral U/s. 47(viiaf)
CBDT Approves IIIT Dharwad for Scientific Research Under Section 45
CBDT Notifies NaBFID Ten Year Zero Coupon Bond
Assessment Orders Quashed for Jurisdictional Defects in Reassessment & Search Proceedings: ITAT Delhi
Section 143(3) Assessment Cannot Continue After Section 132 Search: ITAT Delhi
Section 56(2)(x) Cannot Tax Redevelopment Flat Before Possession: ITAT Mumbai
Section 69 Additions Unsustainable on Uncorroborated Ledgers: ITAT Delhi
Reassessment Quashed as Section 153C, Not Section 147, Applied: ITAT Ahmedabad
Delhi HC Upholds Deletion of Addition Based on Uncorroborated Third-Party Search Material
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.
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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.
