ITAT Jodhpur grants 80G approval after finding Bhagavad Gita teachings non-denominational and religious expenditure below the 5%...
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.
ITAT Kolkata quashes reassessment for AYs 2015-16 and 2016-17 where no addition was made on the cash-deposit...
ITAT Pune deletes Rs.10.52 lakh Section 69 addition based on WhatsApp data, citing lack of Section 65B...
ITAT Ahmedabad deletes Rs.9.66 lakh disallowance, holding foreign commission for services outside India not taxable and no...
ITAT Delhi condoned delay in filing return and allowed Aarti Sachdev’s claim for taxation under Section 115BAC....
ITAT Ahmedabad allows foreign tax credit after delayed Form 67 filing, following its earlier decision in Narendra...
ITAT Mumbai remands Section 56(2)(x) property addition for DVO valuation after assessee disputed stamp duty value and...
ITAT Indore deleted ₹10.45 lakh estimated GP addition, sustained ₹10,780 under Section 40(a)(ia), and deleted three other...
SC declines to entertain LTI Mindtree’s SLP on provision for discount, citing peculiar facts and circumstances while...
CBDT introduces ITR-B for block assessment through Notification No. 97/2026, amending Rule 332 under the Income-tax Rules,...