ITAT dismisses Revenue appeals, upholding deletion of deemed house property income on unsold flats and shops held...
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.
Delhi HC declines writ interference in Rs.83.76 crore ITC demand, finding an effective Section 107 appeal remedy,...
ITAT deletes Rs.2.40 crore Section 68 addition, finding cash sales recorded in audited books and supported by...
Pune ITAT remanded ₹2.22 lakh gratuity disallowance for verification, directing Section 43B relief if payment was made...
ITAT Panaji quashes section 147 reassessment, finding no independent AO application of mind or link between investigation...
Panaji ITAT allowed Section 80G deduction for CSR donations except specified funds and directed refund of excess...
Pune ITAT remanded ₹32.61 lakh Section 69A addition for verification of credit card and bank account payments...
Panaji ITAT remands ₹6.82 crore sales and Section 68 additions for fresh adjudication after allowing consideration of...
Kerala HC remanded the anonymous donations dispute for fresh examination of donor details in records and set...
ITAT deleted LTCG and income from other sources additions, holding no transfer arose in the impugned assessment...