Ahmedabad ITAT deleted Section 56(2)(x) addition where higher stamp value arose from land conversion funded by 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.
Understand PE risks for UAE companies in India, including fixed-place, service, agency PE, POEM, profit attribution, compliance...
PMLA Tribunal directs ED to release seized hard disk and mobile phone within 30 days after ED...
ITAT Bangalore restores land-development and commission claims where CIT(A) enhanced disallowances without examining additional evidence. The post...
ITAT Bangalore dismissed the appeal, holding deletion of one quantum addition did not invalidate penalty sustained on...
ITAT Bangalore remanded penalty proceedings for fresh inquiry into whether a tax consultant made false claims without...
ITAT Bangalore remanded construction-cost relief after CIT(A) granted 50% relief without reasons, directing a fresh speaking order....
ITAT Bangalore held that multiple residential units may form one residential house under Section 54 and an...
ITAT grants ₹20 lakh relief from Section 69A cash-deposit addition, holding business cash flow cannot be limited...
ITAT Jaipur deletes ₹7.77 lakh Section 69 addition after AO verifies the source of investment in an...