ITAT Jodhpur deletes ₹1.33 crore Section 69A addition as unauthorized SBN collection did not negate genuine petrol...
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 Jodhpur deletes ₹68.85 lakh cash deposit addition as partnership withdrawals explained source; Section 115BBE also held...
Madras High Court dismisses challenge where assessee failed to disclose amalgamation and had an effective alternate remedy...
ITAT Ahmedabad deletes ₹31.95 lakh penalty under Section 271D, considering the assessee’s explanation and identical treatment of...
Calcutta High Court dismisses Revenue’s Section 260A appeal, upholding ITAT’s finding on PCIT’s exercise of Section 263...
Mumbai ITAT upholds revenue deduction for Reliance Jios operational telecom expenses capitalised in books but incurred for...
ITAT Delhi denies Section 80G deduction for CSR expenditure and directs verification of rental receipts based on...
ITAT Hyderabad dismisses Revenue appeals, upholding relief on section 14A, CSR-linked 80G, 80IA and section 68 issues....
Deloitte Tax Services India Pvt Ltd allowed Section 80G deduction for eligible CSR donations; ITAT Hyderabad also...
Hyderabad ITAT restricts Section 69A addition to Rs.4.07 lakh and holds enhanced Section 115BBE rate inapplicable for...