Sponsored
    Follow Us:

Income Tax

Get all latest income tax news, act, article, notification, circulars, instructions, slab on Taxguru.in. Check out excel calculators budget 2017 ITR, black money, tax saving tips, deductions, tax audit on income tax.

Latest Articles


New Income Tax Bill 2025: Provisions related to Non-Profit Organisations

Income Tax : The new Income Tax Bill consolidates provisions for non-profits, covering registration, taxation, compliance, and capital gains ru...

February 20, 2025 5973 Views 0 comment Print

Income from House Property: Income Tax Bill 2025

Income Tax : The Income-Tax Bill 2025 simplifies house property income taxation, reducing complexity while maintaining key provisions for bette...

February 20, 2025 2610 Views 1 comment Print

New Diplomacy of Income Tax Department: Tax Collection Without Direct Enforcement

Income Tax : India's Income Tax Department shifts to a taxpayer-friendly approach, prioritizing silent recoveries, refund adjustments, and redu...

February 20, 2025 684 Views 0 comment Print

7 Reasons to Include CMAs as “Accountants” in Income Tax Bill 2025

Income Tax : Explore why Cost Accountants (CMAs) should be included in the definition of "Accountant" under the Income Tax Bill 2025 for a comp...

February 19, 2025 14565 Views 20 comments Print

Tax Savings Under New Regime of 2025: Guide to Deductions & Exemptions

Income Tax : Understand the New Tax Regime 2025 with updated slabs, deductions, and exemptions. Learn how to save tax and choose the best regim...

February 19, 2025 5502 Views 1 comment Print


Latest News


Key Highlights of Finance Bill 2025: Income Tax Changes

Income Tax : Explore the Finance Bill 2025 highlights, including revised tax rates, TDS/TCS amendments, ULIP taxation, and updated rules for sa...

February 19, 2025 8664 Views 0 comment Print

ICMAI on Non-inclusion of ‘Cost Accountant’ in Income Tax Bill 2025

Income Tax : ICMAI addresses the non-inclusion of 'Cost Accountant' in the Income Tax Bill 2025. The Council is engaging with policymakers to e...

February 17, 2025 19488 Views 3 comments Print

50 Corrections in Income-tax Bill, 2025: Lok Sabha Update

Income Tax : Lok Sabha issues corrigenda for the Income-tax Bill, 2025, correcting references, formatting, and legal citations. Read the key am...

February 15, 2025 1059 Views 0 comment Print

KSCAA Seeks Clarity on Eligibility of Appeals with Delay Condonation under VSVS

Income Tax : KSCAA's representation to CBDT highlights challenges in the Vivad Se Vishwas Scheme 2024, focusing on delayed appeals and suggesti...

February 15, 2025 138 Views 0 comment Print

Webinar on Critical Issues in Faceless Assessments under Income Tax Act, 1961

Income Tax : Join our webinar on Faceless Tax Assessments under the Income Tax Act, 1961. Learn concepts, challenges, and solutions from expert...

February 14, 2025 9909 Views 0 comment Print


Latest Judiciary


Section 131 IT Act Empowers AO to Summon Documents as Civil Court: Karnataka HC

Income Tax :  Karnataka High Court dismisses Revenue’s appeal in PCIT Vs Ennoble Construction, ruling on transport creditors' tax liability ...

February 20, 2025 33 Views 0 comment Print

Section 271C Penalty for TDS Non-Deduction Requires Reasonable Cause: SC

Income Tax : Supreme Court emphasizes reasonable cause for TDS non-deduction under Section 271C. Highlights interplay of Sections 4, 5, 9, and ...

February 20, 2025 54 Views 0 comment Print

Delhi HC directs issuance of Nil tax deduction certificate to SFDC Ireland

Income Tax : Delhi HC directs Nil TDS for SFDC Ireland citing no Permanent Establishment in India. Clarifies taxation under DTAA and Rule 28AA ...

February 20, 2025 60 Views 0 comment Print

Penalty Imposed by CIT(A) Without SCN from AO Held Infructuous by ITAT Mumbai

Income Tax : Claim of the assessee for deduction for education cess was on a bonafide belief that it was allowable expenditure u/s. 37(1) and h...

February 20, 2025 57 Views 0 comment Print

Fees for Freight Logistic Support Service is not Fee for Technical Services: Delhi HC

Income Tax : Delhi High Court held that Freight Logistic Support Service provided by appellant are not in the nature of Fee for Technical Servi...

February 20, 2025 51 Views 0 comment Print


Latest Notifications


CBDT extends Due Date for Filing Form 56F for AY 2024-25

Income Tax : CBDT extends the due date for filing Form 56F under Section 10AA(8) and 10A(5) of the Income-tax Act, 1961, to March 31, 2025, for...

February 19, 2025 6372 Views 0 comment Print

Punjab RERA Notified for Income Tax Exemption under Section 10(46A)(b)

Income Tax : The Central Government notifies Punjab RERA for tax exemption under Section 10(46A) of the Income-tax Act, effective from the 2024...

February 13, 2025 864 Views 0 comment Print

Govt released Income-Tax Bill, 2025 (Download)

Income Tax : The Indian government is set to introduce the new Income Tax Bill, 2025, in the Lok Sabha on February 13, 2025. This comprehensive...

February 12, 2025 139095 Views 5 comments Print

Income Tax Act: Bhaikaka University Approved for Research

Income Tax : Bhaikaka University, Gujarat, is approved for scientific research under Section 35(1)(ii) of the Income Tax Act, 1961, effective f...

February 11, 2025 249 Views 0 comment Print

Income Tax Act: Section 285 Notification for Liaison Office Statement Filing

Income Tax : Notification No. 14/2025 updates Form 49C submission rules for liaison offices under the Income-Tax Act. Filing deadline set to 8 ...

February 10, 2025 411 Views 0 comment Print


Notification No. 55/2011 – Income Tax Dated 14-6-2011

June 14, 2011 399 Views 0 comment Print

NC Notification No. 55/2011 – Income Tax Whereas by Notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O. 121(E), dated 12th January, 2009, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial Number 34, Integrated Development of boys, girls and women from slum dwellers Construction and Development of a multifaceted training centre by Swa-Roopwardhinee, 22/1, Mangalwar Peth, Parge Chowk, Pune 411011, Maharashtra, as an eligible project or scheme for a period of three years beginning with financial year 2008-09;

Notification No. 54/2011 – Income Tax Dated 14-6-2011

June 14, 2011 390 Views 0 comment Print

NC Notification No. 54/2011 – Income Tax Whereas by Notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O.708(E), dated the 25th May, 2005, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial Number 17, “Providing mid-day meal to 50,000 school-students in Delhi” by Iskcon Food Relief Foundation, Hare Krishna Land, Juhu, Mumbai – 400049, as an eligible project or scheme for a period of three years beginning with financial year 2005-06 and which was extended further vide Notification Number S.O. 1312(E), dated 4th June, 2008 for a period of three years beginning with financial year 2008-09;

Notification No. 53/2011 – Income Tax Dated 14-6-2011

June 14, 2011 1248 Views 0 comment Print

NC Notification No. 53/2011 – Income Tax Whereas by Notification of the Government of India, in the Ministry of Finance (Department of Revenue) Number S.O.708(E), dated the 25th May, 2005, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial Number 7, “Corpus fund for Cansupport” by CANSUPPORT, Kanak Durga, Basti Vikas Kendra, Sector-12, R.K. Puram, New Delhi – 110022, as an eligible project or scheme for a period of three years beginning with financial year 2005-2006 and which was extended further vide Notification Number S.O. 2374(E), dated 3rd October, 2008 for a period of three years beginning with financial year 2008-09;

Notification No. 52/2011 – Income Tax Dated 14-6-2011

June 14, 2011 408 Views 0 comment Print

NC Notification No. 52/2011 – Income Tax Whereas by Notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O. 135(E), dated the 3rd February, 2006, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial Number 9, “National Centre for Adolescents” by Urivi Vikram Charitable Trust, MCD Shopping Complex, 1st Floor (Near Central School), Tagore Garden Extension, P.O Box No. 6557, New Delhi – 110027, as an eligible project or scheme for a period of three years beginning with financial year 2005-06 and which was extended further vide Notification Number S.O. 1311(E), dated 4th June, 2008 for a period of three years beginning with financial year 2008-09;

Notification No. 64/2011 – Income Tax Dated 14-6-2011

June 14, 2011 810 Views 0 comment Print

NC Notification No. 64/2011 – Income Tax WHEREAS by Notification of the Government of India, in the Ministry of Finance (Department of Revenue) Number S.O.901(E), dated the 20th September, 2001, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial Number 13, for Literacy project of running 2890 One Teacher Schools (OTS) at 2890 tribal areas in 6 States, by Friends of the Tribal Society, 19- Ganga Prasad Mukherjee Road, Kolkatta-700025, as an eligible project or scheme for a period of three years beginning with assessment year 2002-03; which was extended further vide Notification Number S.O.797(E), dated the 5th July, 2004 for a period of three years beginning with financial year 2004-05 and which was extended further vide Notification Number S.O.478(E), dated the 29th March, 2007 for a period of three years beginning with financial year 2007-08;

Notification No. 69/2011 – Income Tax Dated 14-6-2011

June 14, 2011 591 Views 0 comment Print

NC Notification No. 69/2011 – Income Tax Whereas by Notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O. 1295(E), dated 4th June, 2008, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial Number 3, sustainability and building corpus fund for children’s home/hospital/educational Institutions of Gandhigram Trust by Gandhigram Trust, Gandhigram -624302, Dindigul District, Tamilnadu, as an eligible project or scheme for a period of three years beginning with financial year 2008-09;

Notification No. 63/2011- Income Tax Dated 14-6-2011

June 14, 2011 549 Views 0 comment Print

NC Notification No. 63/2011- Income Tax WHEREAS by Notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O.228(E), dated the 17th March, 1994, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial Number 6, ” Integrated Rural Development through health and medical services for rural poor and tribals, vocational training to tribals and rural poor between age 15 to 35 years for poverty alleviation, income generation activities for development of woman, promotion of gramodyog (cottage industries) for poverty alleviation and help to rural poor for constructing low cost houses” by SEWA-Rural (Society for Education, Welfare and Action-Rural), At & Post Office Jhagadia, District Bharuch-393110, as an eligible project or scheme for a period of three years beginning with assessment year 1994-95, which was extended further vide Notification Number S.O.403(E), dated the 6th June, 1996 for a period of three years beginning with assessment year 1997-98 which was extended further vide Notification Number S.O.748(E), dated the 10th September, 1999 for a period of three years beginning with assessment year 2000-01 which was extended further vide Notification Number S.O.986(E), dated the 10th September, 2002 for a period of three years beginning with assessment year 2003-04 and which was extended further vide Notification Number S.O.508(E), dated 4th April, 2006 for period of three years beginning with financial year 2005-06 and which was extended further vide Notification Number S.O. 1297(E), dated 4th June, 2008 for a period of three years beginning with financial year 2008-09;

Notification No. 51/2011 – Income Tax Dated 14-6-2011

June 14, 2011 375 Views 0 comment Print

NC Notification No. 51/2011 – Income Tax Whereas by Notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O.708(E), dated the 25th May, 2005, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial Number 15, “Project for capacity building of voluntary sector” by SOSVA Training and Promotion Institute Mhada Commercial Complex, MHB Colony, Yarwada, Pune-411006, as an eligible project or scheme for a period of three years beginning with financial year 2005-06 and which was extended further vide Notification Number S.O. 1465(E), dated 17th June, 2008 for a period of three years beginning with financial year 2008-09;

Notification No. 58/2011 – Income Tax Dated- 14-6-2011

June 14, 2011 489 Views 0 comment Print

NC Notification No. 58/2011 – Income Tax Whereas by Notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O. 2545(E), dated 6th October, 2009, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial Number 2, Free Education Programme for All Children Especially for economically weaker section by Prayas Social Welfare Society, D.C. Model Sr. Sec. School, Sector -09, Faridabad 121006, as an eligible project or scheme for a period of two years beginning with financial year 2009-10;

Notification No. 68/2011 – Income Tax Dated 14-6-2011

June 14, 2011 465 Views 0 comment Print

NC Notification No. 68/2011 – Income Tax Whereas by Notification of the Government of India, in the Ministry of Finance (Department of Revenue) Number S.O. 1111(E), dated the 8th August, 2005, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial Number 11, “National Association for the Blind” by National Association for the Blind, 11, Khan Abdul Gaffar Khan Road, Worli Seaface, Mumbai – 400030, as an eligible project or scheme for a period of three years beginning with financial year 2005-06 and which was extended further vide Notification Number. S.O.2384(E), dated 3rd October, 2008 for a further period of three years beginning with the financial year 2008-09;

Sponsored
Sponsored
Search Post by Date
February 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
2425262728