Income Tax
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Jaipur ITAT Deletes ₹1.41-Crore Penalty on Search Surrender Under Section 271AAB
Code Name & Contact Number Not Evidence: Jaipur ITAT Deletes ₹4 Lakh Addition
Low Returned Income Cannot Eclipse Audited Financial Capacity: Jaipur ITAT
Demonetisation Cash Cannot Face a Later 60% Rate: ITAT Restricts Section 115BBE Tax to 30%
Wrong Section 151 Sanction Invalidates Reassessment: Pune ITAT Quashes ₹95.31 Lakh Addition
Section 10AA & TP Interlinked: Mumbai ITAT Orders Fresh SEZ Profit Examination
Pune ITAT Restores Section 271(1)(c) Penalty Pending Quantum Appeal
Mumbai ITAT Quashes Section 263 Revision on ₹19.64 Crore Bad-Debt Write-Off
Demonetisation Cash from Petrol Sales: Bangalore ITAT Rejects Addition & 8% Profit Estimate
Bogus Purchases Not 69C Income: Ahmedabad ITAT Quashes Section 263 Revision
Madras HC Allows MRF Pace Foundation Expenditure as Business Deduction
₹67.40 Crore Preschool Fees: ITAT Restores 12AB Application After Mere 4-Day Opportunity
₹60 Lakh Limit Ends JAO-vs-FAO Reassessment Battle at Bangalore ITAT
Limitation Runs from Service, Not Mere Passing of Order: Bangalore ITAT
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.
