Income Tax
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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
ITAT Quashes Section 263 Revision Over CSR Deduction u/s 80G
SC Dismisses SLP Against Karnataka HC Judgment on Settlement Commission Time Limit
Wrong Signature, Dead Reopening: PCIT Approval Cannot Pass Section 151(ii) Gate
SC Dismisses Delayed SLP Against Reassessment Quashing Under Sections 148A and 151
Paper Trail Beats Entry-Operator Tale: Mumbai ITAT Deletes ₹60-Lakh Addition u/s 68
ITAT Treats ₹7.46-Crore Emaar Rights Loss as Capital, Remands Cost Working
Depositor Protection Laws vs SARFAESI & RDB Act After NSEL Ruling by SC
Borrowed for Control, Deducted by Law: ITAT Shields Strategic-Investment Interest u/s 36(1)(iii)
Section 69 Has No Time Machine: ₹80 Lakh Paid Earlier Cannot Be Taxed in Registration Year
Invoices, TDS Insufficient for Deductions; DSIR Approval Mandatory u/s 35(2AB): ITAT Bangalore
Corporate Guarantees in Transfer Pricing: Courts Draw Line Between Shareholder Support and Services
Rolex Rings’ ₹5.40 Crore Accommodation-Entry Addition Deleted: ITAT Rajkot
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.
