Income Tax
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Section 148 Notice Issued Beyond Surviving Limitation Quashed: Gujarat HC
DRP Objections Must Be Filed Before Both DRP and AO Under Section 144C: Allahabad HC
SC Admits Revenue Appeal on Agricultural Income From Hybrid Seed Production
Bombay HC Admits Tax Appeal on Entity-Level TNMM & Aggregation of AE Transactions
AO Cannot Determine ALP Without TPO Reference, ITAT Delhi Restores Assessment
Section 264 Cannot Be Used to Revise Income Tax Return After Prescribed Time: SC
Gujarat HC Quashes Reassessment Against Deceased Assessee Under Section 148
Registration of Religious Society Allowed Despite 34-Year Delay: P&H HC
Capital Gains to Be Computed on Full Sale Price of Mortgaged Property: SC
Assessment Invalid Where Section 143(2) Notice Was Issued Before Return: Delhi HC
Bangalore ITAT Remands Software Segment TP Issue for Fresh Verification
Bangalore ITAT Remands Software Segment Comparables Dispute for Fresh Adjudication
ITAT Raipur Quashes Assessment for Invalid Section 143(2) Notice & Missing Section 127 Transfer Order
Reassessment Quashed Without Section 127 Transfer Order or Section 148 Notice: Raipur 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.
