ITAT Delhi confirms Rs. 33.59 lakh derivative trading loss addition, while remanding Section 151 approval and limitation...
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 Delhi remands Rs. 2.72 crore expense disallowance after finding complete expense details and business purpose were...
ITAT Mumbai deletes caveats on 12AB and 80G approval, holding proposed Supreme Court challenge cannot dilute binding...
Madras HC allows Section 10(23G) exemption on liquidated damages, underwriting commission and structuring fees, and grants deductions...
ITAT deletes caveats making Section 12AB registration and 80G approval subject to a proposed Supreme Court challenge,...
Rajasthan HC dismissed Revenue appeals, finding no question of law in ITATs deletion of Section 68 additions...
Punjab & Haryana High Court dismissed Revenue appeals in PCIT (Central) v. DSG Papers Pvt. Ltd., holding...
SC dismisses SLP against deletion of Section 68 additions, finding no ground to interfere with the High...
ITAT Delhi quashes assessment against Akansha Gupta for AY 2021-22, holding that proceedings should have been initiated...
MP HC dismissed Revenues appeal, holding no substantial question of law arose from ITATs findings and no...