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


Taxability of director remuneration: Salary or Business income

Income Tax : Understand whether director remuneration is taxed as salary or business income. Learn about tax implications, employer-employee re...

March 3, 2025 783 Views 0 comment Print

Amendments applicable from 1st April 2025

Income Tax : Explore major income tax updates for FY 2025-26, including revised tax slabs, TDS/TCS rules, rebates, and benefits for startups. S...

March 3, 2025 861 Views 0 comment Print

Impact of TDS Rationalization on Taxpayer Liquidity

Income Tax : Analyzing if increased TDS thresholds and reduced rates enhance taxpayer liquidity or just shift tax payments to advance tax. Read...

March 2, 2025 1962 Views 0 comment Print

Unexplained Income and Investments: Sections 69A and 69B

Income Tax : Overview of Income Tax Sections 69A, 69B, on unexplained income, investments, and expenditures. Key cases and interpretations incl...

March 2, 2025 633 Views 0 comment Print

Income Tax Rebate vs. Filing Requirements: A Common Misconception

Income Tax : Recent changes in India's income tax structure, particularly the introduction of rebates, have led to some confusion among taxpaye...

March 2, 2025 624 Views 0 comment Print


Latest News


Include ‘Cost Accountant’ in definition of ‘Accountant’ under Income Tax Bill 2025: ICMAI

Income Tax : The Institute of Cost Accountants of India seeks inclusion of Cost Accountants in the definition of "Accountant" under Section 515...

February 21, 2025 10227 Views 0 comment Print

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 11193 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 20172 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 1263 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 174 Views 0 comment Print


Latest Judiciary


Rejection of claim u/s. 80IAC not justified as audit report in Form 10CCB delayed due to technical problem

Income Tax : ITAT Pune held that delay in filing audit report in Form 10CCB due to technical problem is justifiable and hence denial of claim u...

March 3, 2025 276 Views 0 comment Print

Amount of sundry debtor doesn’t qualify as unexplained money u/s. 69A: ITAT Jaipur

Income Tax : ITAT Jaipur held that amount of sundry debtor recorded in books of account are not any money, bullion, jewellery or other valuable...

March 3, 2025 438 Views 0 comment Print

Reassessment not valid if no application of mind by AO: ITAT Pune

Income Tax : Aadhunik Infrastructure Development Pvt. Ltd. Vs DCIT (ITAT Pune) The Income Tax Appellate Tribunal (ITAT), Pune Bench “A,” ha...

March 2, 2025 501 Views 0 comment Print

Applicability of Sections 41(1) & 68 on Lease and Booking Advances as Ceased Liabilities – ITAT Ruling

Income Tax : ITAT Nagpur rules in ITO Vs N. Kumar Housing, addressing ₹5.2 crore addition under Sections 41(1) and 68. Liability cessation an...

March 2, 2025 201 Views 0 comment Print

No penalty under Section 271(1)(c) if income declared during search & seizure

Income Tax : ITAT Pune rules in Ramchandra Jadhavrao vs. ACIT that no penalty under Section 271(1)(c) applies if income is declared in return p...

March 2, 2025 420 Views 0 comment Print


Latest Notifications


Select Committee of Lok Sabha to examine Income-Tax Bill, 2025

Income Tax : Details of the Lok Sabha Select Committee's sittings on March 6-7, 2025, to examine the Income-Tax Bill, 2025, with oral evidence ...

February 27, 2025 372 Views 0 comment Print

CBDT Amends Rules 12CA, 12CC & Forms 10IH, 64A, 64B, 64C, 64D, 64E & 64F

Income Tax : CBDT updates income tax rules and forms for business and securitization trusts. Notification 17/2025 amends Rules 12CA & 12CC, imp...

February 25, 2025 2034 Views 0 comment Print

All about Income Tax / TDS Deduction from Salaries for FY 2024-25

Income Tax : Key updates on income tax deduction from salaries under Section 192 for FY 2024-25, including amendments, surcharge rates, and new...

February 21, 2025 10935 Views 0 comment Print

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 8109 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 924 Views 0 comment Print


Notification No. 10958/1999 – Income Tax Dated 15/6/1999

June 15, 1999 364 Views 0 comment Print

Notification No. 10958/1999 – Income Tax In exercise of powers conferred by sub-section (5) of section 80-IB of the Income-tax Act, 1961 (43 of 1961), and in supersession of the notification of the Government of India, in the Ministry of Finance, Department of Revenue (Central Board of Direct Taxes) number 714(E) dated 7th October, 1997, [published at (1997) 142 CTR (St) 65], except as respects things done or omitted to be

Notification No. S.O.435(E) – Income Tax Dated 14/6/1999

June 14, 1999 321 Views 0 comment Print

Notification No.S. O. 435(E) – Income Tax In exercise of the powers conferred by section 295, read with sub-section (6) of section 80-IA of the Income-tax Act, 1961 (43 of 1961), the Cnetral Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely

Notification No. S.O.434(E) – Income Tax Dated 14/6/1999

June 14, 1999 378 Views 0 comment Print

Notification No.S. O. 434(E) – Income Tax In exercise of the powers conferred by sub-section (7) of section 80-IA of the income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely

Notification No. 10955/1999 – Income Tax Dated 14/6/1999

June 14, 1999 334 Views 0 comment Print

Notification No. 10955/1999 – Income Tax In exercise of powers conferred by sub-section (7) of section 80-IA of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely

Notification No. S.O.1673 – Income Tax Dated 9/6/1999

June 9, 1999 381 Views 0 comment Print

Notification No.S. O. 1673 – Income Tax It is notified for general information that Anagram Housing Finance Ltd., 901, Sakar Complex, Ashram Road, Ahmedabad, has been approved by the Central Government for the purposes of section 36(1)(viii) of the Income tax Act, 1961, for the assessment years 1996-97, 1997-98 and 1998-99

Notification No. S.O.1672 – Income Tax Dated 9/6/1999

June 9, 1999 321 Views 0 comment Print

Notification No.S. O. 1672 – Income Tax It is notified for general information that. BOB Housing Finance Limited, D-38A, Ashok Marg, ‘C’ Scheme, Jaipur-302001, has been approved by the Central Government for the purposes of section 36(1)(viii) of the Income-tax Act, 1961, for the assessment year 1999-2000

Notification No. 10952/1999 – Income Tax Dated 9/6/1999

June 9, 1999 322 Views 0 comment Print

Notification No. 10952/1999 – Income Tax It is notified for general information that M/s Anagram Housing Finance Ltd., 901, Sakar Complex, Ashram Road, Ahmedabad, has been approved by the Central Government for the purposes of section 36(1)(viii) of the Income-tax Act, 1961 for the assessment years 1996-97, 1997-98 and 1999-99

Notification No. 10951/1999- Income Tax Dated 9/6/1999

June 9, 1999 313 Views 0 comment Print

Notification No. 10951/1999- Income Tax It is notified for general information that M/s BOB Housing Finance Limited, D-38A, Ashok Marg “C” Scheme, Jaipur-302001 has been approved by the Central Government for the purposes of section 36(1)(viii) of the Income-tax Act, 1961 for the assessment year 1999-2000

Circular No. 776-Income Tax Dated 8-6-1999

June 8, 1999 9727 Views 0 comment Print

Circular No. 776-Income Tax Circular No. 573, F.No. 200/115/90-ITA-I, dated 21-08-1990 provided that a lump sum ex gratia payment made, to the widow or other legal heirs of an employee, who dies while still in active service, will not be taxable as income under the Income-tax Act, 1961

Notification No. S.O.420(E) – Income Tax Dated 4/6/1999

June 4, 1999 426 Views 0 comment Print

Notification No.S.O. 420(E) – Income Tax In exercise of the powers conferred by section 295, read with section 44AB of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely

Sponsored
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31