#income tax act
Log in to FollowThe income tax act defines Income tax and laws related to income tax. It covers income tax levy, collection, administration, and recovery. Income tax acts and income tax laws get changed/updated from time to time. Read our Latest News and Updated on the Income-tax act and Articles on the income tax act to understand the income tax act and its sections. Read our articles to understand income tax act section 10, income tax act section 24, income tax act section 54, income tax act section 80c, income tax act 44ad, income tax bare act, etc.

Cost accountants may not be treated at par with chartered Accountants

Interest on central excise duty refund is taxable under the Income Tax Provisions

Central excise refund is taxable and distinct from profit derived from industrial activity

All overseas payments are subject to withholding tax, whether or not the income is taxable : Karnataka High Court

Assocham asked to raise the tax exemption limit for Individuals to 4 lakh and for senior citizens to 5 lakh

Dispute Resolution Panel (DRP) to resolve tax disputes of the foreign companies expeditiously

Sec. 195 of Income-tax Act – Remittances of Consular receipts

DTC likely be tabled in Parliament only in Budget Session

Interest on funds borrowed for acquiring controlling stake in a company not allowable

Cashless hospitalisation schemes offered by insurance companies comes under the income-tax net

IT department to recover 1000 crore from infrastructure development companies

Income Tax department reopened Assessment of Indian Nationals on info from German Bank

TDS u/s. 194J in case of transactions by TPAs with Hospitals

