Income Tax
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ITAT Delhi Quashes Section 263 Revision on Interest Under Section 28 of Land Acquisition Act
Rule 46A: ₹1.01 Crore u/s 69A Addition Restored to AO for Fresh Examination
Karnataka HC Upholds Section 80P Benefit for Souharda Co-operatives Registered Under State Law
Karnataka HC: Souharda Co-operative Society Eligible for Section 80P Deduction
ITAT Pune Allows Full Section 10(10B) Exemption on BSNL VRS Compensation
ITAT Delhi Deletes Rs. 14.88 Lakh Notional Rent Addition for Vacant Property
ITAT Ranchi Excludes Hindustan Copper, Revises Interest and Upholds 0.5% Corporate Guarantee
ITAT Delhi Quashes Reopening Based on Third-Party Tally Data & Cross-Examination Denial
ITAT Ahmedabad Allows BSNL VRS Exemption Claim Raised First Time in Appeal
Kerala HC Holds SBI Not Assessee in Default for Following No-TDS LTC Order
EPF Withdrawal Before Five Years: Taxability, Exemption and 10% TDS
Wrong PAN Can’t Make Wife’s Bank Deposits Husband’s Income: ₹1.89 Cr Addition Deleted
Ahmedabad ITAT Quashes Section 263 Revision in Seven Years
Top Ramen’s Bright-Line Test Goes Soggy: ITAT Deletes ₹41.82-Crore AMP Adjustment
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.
