Income Tax
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882-Day Delay Condoned: Bangalore ITAT Rechecks Double Disallowance U/s 36(1)(va) & 40(a)(ia)
GST Demand Against Deceased Proprietor Invalid Without Statutory Machinery: Calcutta HC
FCCDs Are Not Shares Until Conversion: Bangalore ITAT Deletes ₹3.88-Crore Addition u/s 56(2)(viib)
ITAT Delhi Quashes Section 263 Revision on Section 28 Land Acquisition Interest
Bangalore ITAT Remands TDS Disallowance, ₹10.70-Crore Credits & U/s 271AAC Penalty
Bangalore ITAT Restores Medical Store’s ₹13.50-Lakh Demonetisation Deposit Case to CIT(A)
Bangalore ITAT Orders Fresh Verification of ₹1 Crore Customer Advance U/s 68
Solar Plant Approval in Another Entity’s Name Denies ₹9.67-Lakh s.80-IA Claim: Bangalore ITAT
Bangalore ITAT Allows BSNL VRS Exemption u/s 10(10B), Retrospective ₹25-Lakh Leave Encashment Benefit
ITAT Chennai Allows Section 87A Rebate on Special Rate Income
Bangalore ITAT: AY 2016-17 Material Cannot Travel Backwards u/s 153C; Liquor Profit Cut to 5.5%
ITAT Allows BSNL VRS Compensation ptionExem Under Section 10(10B)
Delhi HC Sets Aside ITAT Remand on management fees, out-of-books receivables & book profits
ITAT Ahmedabad Allows Section 80P(2)(d) Deduction on Co-operative Bank Interest
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.
