Income Tax
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PMS Charges Deductible Under Section 48 Amid Divergent Views: ITAT Mumbai
Kerala HC Quashes Reassessment Order for Ignoring Taxpayer’s Prior-Year Tax Claim
Delhi HC Orders Rs.53 Crore TDS Refund with Interest Without Form 26B
Delhi HC Orders TDS Refund as Form 26B Inapplicable after Section 201 assessment
ITAT Jodhpur Quashes TDS Demands on SBI for Foreign-Leg LFC Payments
RFCTLARR Compensation Exempt from Income Tax: Andhra Pradesh HC
ITAT Indore Remands Agricultural Land Capital Gains Dispute for De Novo Adjudication
ITAT Mumbai Deletes Notional Interest on Unconventional Exclusivity Payment
ITAT Chennai Allows Enhanced ₹25 Lakh Leave Encashment Exemption for Retired Bank Employee
Jharkhand HC Quashes GST Orders Passed Against Deceased Proprietor, Allows Fresh Legal Action
₹1.80 Crore Cash During Demonetisation; ITAT Delhi Restricts Section 68 Addition to ₹5 Lakh
NRI Assessee Was Abroad During ₹58.50 Lakh Cash Deposit in Joint Account: ITAT Deletes Addition
ITAT Delhi Directs 25% Tax Rate for Rajasthan Pulses Despite Denial of Section 115BAA
ITAT Mumbai Deletes Notional Rent Addition and Allows Related Expense Claims
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.
