ITAT Chennai condones 1592/1455-day delay and allows exemption under Section 10(10B) for BSNL VRS-2019 compensation. The post...
Income Tax
Income tax in India is a direct tax imposed on individuals, businesses, and other entities based on their income. Understanding income tax is essential for proper financial planning and compliance with government regulations. This section provides comprehensive resources covering income tax slabs, ITR filing, deductions, exemptions, and the latest updates for FY 2025–26.
Whether you are a salaried employee, freelancer, or business owner, you can explore detailed guides below to learn how to calculate your tax, file returns, and maximize eligible deductions. Stay informed with the latest income tax rules, deadlines, and expert insights to manage your taxes efficiently.
Karnataka High Court held an ITO reference to the Additional Commissioner triggered Section 271D penalty proceedings and...
ITAT Bangalore sets aside 8% profit estimation on ₹30.01 crore bullion turnover, directing AO to examine books...
Section 119(2)(b) allows condonation of delay for unfiled ITR refund claims. Know the five-year limit, procedure, conditions...
Pune ITAT holds commission income alone is turnover for Section 44AB and deletes ₹1.50 lakh penalty under...
Know when EPF withdrawal before five years becomes taxable, exemptions available, service transfer rules and when 10%...
ITAT Ahmedabad quashes Section 263 revision, holding AO lacked jurisdiction to impose Section 271D penalty before 01.04.2025....
Agra ITAT upholds deletion of Rs.1.89 crore u/s 69A where bank account belonged to wife and husband...
ITAT Kolkata remands Section 14A disallowance for recomputation by considering only investments yielding exempt income. The post...
ITAT Bangalore restricts TP adjustment to AE transactions, excludes five comparables and deletes ₹41.82 crore AMP adjustment...