Income Tax
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ITAT Restores ₹16.19-Lakh Section 54 Disallowance for Verification
ITAT Applies Section 201(1) Proviso Where HUDCO Paid Tax, Subject to Form 26A
ITAT Deletes ₹28.83-Lakh LTCG on Son as POA Is Not Property Title
No Afterlife for Section 263: ITAT Holds Failure to Pass Order u/s 153(3) Makes Revision Infructuous
Inoperative ≠ Invalid: ITAT Deletes ₹3.77-Lakh TDS Demand u/s 206AA on Valid PAN
ITAT Jaipur Allows ₹16.44-Lakh IPO Financing Interest as Cost u/s 48
Checkmate Cannot Travel Back: Debatable PF/ESI Issue Not a Mistake u/s 154
ITAT Hyderabad Condones 2,336-Day Delay and Revives Trust Registration
Section 148 Notice Sent Late, ITAT Quashes ₹50-Lakh Property Addition
ITAT Allows Credit for Mother-in-Law’s Gold Sale Against Cash Deposit
Sale Price Is Not Capital Gain: ITAT Restores ₹2.10-Crore Addition & ₹69.45-Lakh Penalty
₹1.09-Crore Cash Addition u/s 69A Remanded; Penalty u/s 271AAC Falls
DVO Estimate Cannot Justify ₹2.12-Crore Addition u/s 69
Incomplete Trust Deed Does Not End 12AB Registration: ITAT Orders Fresh Examination
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.
