Income Tax
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ITAT Mumbai Allows 12AB Renewal and 80G Approval Despite No Formal Trust Deed
ITAT Hyderabad Rejects Section 69A on Recorded Rent Payments, Remands Verification
Jaipur ITAT Allows Section 87A Rebate on STCG under Section 111A for AY 2024-25
Penny Stock Report Without Price-Rigging Evidence Cannot Justify Addition: ITAT Delhi
Tax Audit Under Section 44AB: Limits, Forms, Due Dates and Penalties
ITAT Chandigarh Quashes Time-Barred Section 148 Notice for AY 2015-16
ITAT Delhi Quashes Section 148 Notice Issued in 2022 for AY 2015-16
ITAT Deletion of Section 68 Additions Upheld for Unabated AY Without Incriminating Material
ITAT Mumbai Deletes 40A(2)(b) Disallowance on KPMG Related-Party Payments
Wrong ITR Form Cannot Justify Double Taxation: ITAT Deletes ₹26.69-Lakh Form 26AS Addition
Form 26AS Reveals Income, Not Return Filing: ITAT Restores Section 270A Penalty
Hyderabad ITAT Deletes 69A Addition on Wedding Cash & Rejects 60% 115BBE Rate for AY 2017-18
Madras HC Remands Section 68 Addition After AO Failed to Examine Loan Evidence
Wrong-Year Capital Comparison Cannot Sustain Section 68 Addition: ITAT Mumbai
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.
