Income Tax Department’s foreign-asset verification drive, CRS/FATCA data, summons, reassessment and Black Money Act proceedings explained. The...
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 Ahmedabad allows full Section 10(10B) exemption on Rs.41.09 lakh BSNL VRS compensation, following coordinate Bench rulings....
ITAT Hyderabad holds 60% tax under Section 115BBE cannot apply to FY 2016-17 cash deposits; directs AO...
Pune ITAT quashes AY 2017-18 reassessments as Section 151 approval came from PCIT instead of the higher...
Mumbai ITAT deleted ₹27.39 lakh Section 69A addition after reconciling third-party ledgers but upheld ₹4.45 lakh travelling...
Bangalore ITAT restores appeal dismissed as delayed, holding service date required verification and remanding cash deposit issues...
Mumbai ITAT restores Section 10AA deduction and transfer pricing issues to AO for fresh examination after admitting...
ITAT Jodhpur restores a trust’s Section 12AB registration application to CIT(E) for fresh adjudication after verification of...
ITAT Jodhpur directs grant of Section 12AB registration and 80G approval, holding documentation discrepancies insufficient to prove...
ITAT Jodhpur grants Section 12AA registration to charitable trust and directs recomputation of AY 2015-16 income with...