Income Tax
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ITAT Delhi Deletes Power and Steam Transfer Pricing Adjustments for DCM Shriram
ITAT Deletes ₹357-Crore TP Adjustment for Ignoring Methods u/s 92C
ITAT Chandigarh Deletes Section 68 Addition on Demonetization Cash Sales for Lack of Adverse Evidence
ITAT Chandigarh Deletes Section 68 Addition on explained Demonetization Cash Deposits
ITAT Allows Rs.3.16-Crore 80JJAA Deduction for Employees Deployed at Client Premises
ITAT Mumbai Allows Penny-Stock Loss, Quashes Section 69C Commission & Upholds Interest Deduction
ITAT: Diamond Grading Charges Not FTS u/s 9(1)(vii); No TDS u/s 195
Mumbai ITAT Condones 690-Day Delay, Deletes Wife’s Credit Card Expense Disallowance
ITAT Restores 12AB & 80G Approval; Sections 13(1)(c), 13(3) Inapplicable
ITAT Allows Abandoned Bharuch Project Cost as Revenue Expenditure u/s 28/37
Crystallized Prior Period Expenses Allowable in Subsequent Year: ITAT Delhi
ITAT Delhi Directs Section 12AB Registration Despite Alleged Payments to Interested Persons
Section 264 Can Address Assessee’s Unclaimed Tax Treaty Benefit: Bombay HC
Mumbai ITAT Condones 1,289-Day Delay, Cites Non-Communication of Tax Orders
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.
