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


Faceless Tax Assessment: JAO vs. FAO Jurisdiction – Clash of Authorities or Administrative Reform?

Income Tax : The faceless tax assessment scheme in India faces legal disputes over jurisdiction between JAO and FAO. Learn about key court ruli...

February 22, 2025 255 Views 0 comment Print

Section 87A Controversy Continues Even After Budget 2025

Income Tax : Budget 2025 raised the Section 87A rebate limit to ₹12 lakh but restricted its use on special rate income. Learn about key chang...

February 22, 2025 4863 Views 0 comment Print

TDS Rates Chart for FY 2025-26 (AY 2026-27)

Income Tax : Understand the updated TDS rates for FY 2025-26 (AY 2026-27). Comprehensive chart covering salary, interest, dividends, rent, and ...

February 21, 2025 14691 Views 0 comment Print

Provisions related to Revised Tax Slab in Budget 2025 for Individuals

Income Tax : Budget 2025 revises income tax slabs, making ₹4,00,000 tax-free. New rates range up to 30% for income above ₹24,00,000. Key de...

February 21, 2025 783 Views 0 comment Print

Will Income Tax Bill, 2025 AID Economic Growth Momentum of India?

Income Tax : Income tax bill, 2025 aims to replace Income Tax Act, 1961, simplifying tax laws. Questions arise about its impact on revenue, lit...

February 21, 2025 108 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 6132 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 9498 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 19701 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 1098 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 156 Views 0 comment Print


Latest Judiciary


ITAT Deletes Addition: Income Declared, No Money Laundering Evidence

Income Tax : ITAT Mumbai removes addition in Kamal Clearing & Forwarding case, ruling that income was already declared and no evidence of money...

February 22, 2025 24 Views 0 comment Print

ITAT Sets Aside Demonetization Cash Deposit Order against SIM Card Business

Income Tax : ITAT Ahmedabad sets aside assessment order on demonetization cash deposits, citing natural justice violations. Case remanded for f...

February 22, 2025 33 Views 0 comment Print

ITAT Ahmedabad Remands Penalty Appeal for Fresh Adjudication for Lack of Hearing Notice

Income Tax : ITAT Ahmedabad condones delay in appeal and remands case to CIT(A) for fresh adjudication in Lahar Joshi vs. ITO. Fair hearing and...

February 22, 2025 60 Views 0 comment Print

CPC Erred in denying Loss Carry-Forward to Company Eligible for Extended Due Date U/s. 92E: ITAT Ahmedabad

Income Tax : CPC Erred in Denying Loss Carry-Forward by taking wrong due date for company entitled to extended due date under Section 92E of In...

February 22, 2025 66 Views 0 comment Print

ITAT Delhi Allows 80IC Deduction for Form 10CCB Filed Before Section 143(1) Assessment Completion

Income Tax : ITAT Delhi allows 80IC deduction as Form 10CCB was filed before completion of 143(1) proceedings, ruling procedural delay does not...

February 22, 2025 99 Views 0 comment Print


Latest Notifications


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 6111 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 7095 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 873 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 139527 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 255 Views 0 comment Print


Notification No. S.O.5005 – Income Tax Dated 12/9/1985

September 12, 1985 333 Views 0 comment Print

Notification No.S.O.5005 – Income Tax In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies ” (1) Rajasthan Chief Minister’s Hospital Development Fund ; (2) Rajasthan Chief Minister’s General Relief Fund ; (3) Rajasthan Chief Minister’s Drought and Flood Relief Fund ; (4) Rajasthan Chief Minister’s Defence

Notification No. S.O.4756 – Income Tax Dated 12/9/1985

September 12, 1985 288 Views 0 comment Print

Notification No.S.O.4756 – Income Tax In exercise of the powers conferred by sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies ” Delhi Orthodox Diocesan Council, New Delhi “, for the purpose of the said section for the period covered by the assessment years 1980-81 to 1985-86

Notification No. S.O.4755- Income Tax Dated 12/9/1985

September 12, 1985 228 Views 0 comment Print

Notification No.S.O.4755- Income Tax In exercise of the powers conferred by sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notified ” The Maunathul Islam Association, Ponnani Nagaram “, for the purpose of the said section for the period covered by the assessment years 1985-86 to 1987-88

Notification No. S.O.5004 – Income Tax Dated 10/9/1985

September 10, 1985 231 Views 0 comment Print

Notification No.S.O.5004 – Income Tax In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies ” Indian Parliamentary Group “, for the purpose of the said section for the period covered by the assessment years 1987-88 to 1989-90

Notification No. S.O.5003 – Income Tax Dated 10/9/1985

September 10, 1985 282 Views 0 comment Print

Notification No.S.O.5003 – Income Tax In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies ” Pirojsha Godrej Foundation, Bombay “, for the purpose of the said section for the period covered by the assessment years 1985-86 to 1987-88

Notification No. S.O.4754 – Income Tax Dated 9/9/1985

September 9, 1985 180 Views 0 comment Print

Notification No.S.O.4754 – Income Tax In exercise of the powers conferred by sub-section (2)(b) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies ” Shri Mullavananatha Swami Temple, Tirukarugavur, Papanasam Taluk, Thanjavur Dist “, as a place of public worship of renown throughout the State of Tamil Nadu

Circular No. 430-Income Tax Dated 6-9-1985

September 6, 1985 354 Views 0 comment Print

Circular no. 430-Income Tax Under section 84(2) 1 , an Indian company is prohibited from registering any transfer of shares standing in the name of a deceased member of the company unless the transferee has acquired the shares for valuable consideration or a certificate from the Controller of Estate Duty is produced before the company that estate duty in respect of the shares has been paid or will be

Notification No. S.O.5193 – Income Tax Dated 6/9/1985

September 6, 1985 288 Views 0 comment Print

Notification No. S.O.5193 – Income Tax In continuation of this office Notification No. 5868 (F. No. 203/45/84-ITA. II) dated 21-6-1984, it is hereby notified for general information that the Institution mentioned below has been approved by the Department of Science & Technology, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 (Thirty-five/one/two) of the Income-tax Act

Notification No. S.O.5642 – Income Tax Dated 5/9/1985

September 5, 1985 309 Views 0 comment Print

Notification No.S.O.5642 – Income Tax It is hereby notified for general information that the Institution mentioned below has been approved by the Department of Science & Technology, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 (Thirty-five/one/two) of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, under the category “Association

Notification No. S.O.302 – Income Tax Dated 4/9/1985

September 4, 1985 330 Views 0 comment Print

Notification No.S.O.302 – Income Tax It is hereby notified for general information that the Institution mentioned below has been approved by the Department of Science & Technology, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 (Thirty-five/one/two) of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, under the category “Institution

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