Income Tax
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Top Ramen’s Bright-Line Test Goes Soggy: ITAT Deletes ₹41.82-Crore AMP Adjustment
ITAT Kolkata Remands Section 14A Disallowance for Recomputation on Exempt-Income Investments
ITAT Chennai Partly Allows Appeals on Cash Deposits, Agricultural Income and Interest
ITAT Chennai Quashes Section 153A Assessments Where Escaped Income Was Not in Asset Form
ITAT Chennai Deletes Section 234E Late Fee for TDS Returns Before June 2015
ITAT Surat Deletes Section 68 Addition on Genuine LTCG from Penny Stock Sale
ITAT Deletes Rs.4.95-Lakh Ad Hoc Disallowance Over Handmade Vouchers
Internal TNMM Superior to External TNMM with Reliable Segmental Data: ITAT Chennai
ITAT Mumbai Allows Section 10(38) Exemption on Lifeline Drugs Share Gains Despite Penny Stock Allegations
ITAT Delhi: Reassessment Notice Issued in Name of Dead Person is Invalid
Gujarat HC Quashes Section 148 Notice Issued in Name of Deceased Assessee
ITAT Visakhapatnam Quashes Reassessment for JAO-Issued Section 148 Notice
ITAT Pune Allows Full Leave Encashment Exemption for DOT and BSNL Service
ITAT Delhi Deletes Rs 10.13 Crore Bogus Purchase Disallowance Based on Mere Allegations
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.
