Income Tax
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Bombay HC Quashes Faceless Reassessment Order for Breach of Natural Justice
Registered Society Taxable at Normal Rates, Not Maximum Marginal Rate: ITAT Pune
ITAT Mumbai Deletes Section 68 Addition on Genuine Penny Stock LTCG Claim
Revenue Cannot Enforce Tax Claim Omitted from CIRP Resolution Plan: Bombay HC
ITAT Pune Allows Section 80IB(10) Deduction Despite Delayed Form 10CCB Filing
ITAT Amritsar Remands Section 12AB Registration due to Natural Justice Violation
ITAT Pune Allows Section 11 Exemption Despite Delayed Form 10BB Filing
ITAT Cancels Reassessment Based Solely on Unverified ITBA Portal Information
Delhi ITAT Deletes ₹2 Crore Addition for Lack of CBI Evidence
ITAT Allows Section 10(38) LTCG Exemption on Sunrise Asian Shares
Bombay HC Quashes Reassessment Order Passed Without Draft Section 144C Order
Delhi ITAT: Section 115BBC Applies Only if Donor Denies Donation
Ahmedabad ITAT: AO Must Refer Disputed Stamp Duty Value to DVO Under Section 56(2)(x)
ITAT Deletes Section 69 Addition for Cash Deposits Explained by Bank Withdrawals
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.
