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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


ITR Filing 2026: Important Due Dates, Budget 2026 Updates & Strategies

Income Tax : Budget 2026 has extended the due dates for ITR-3, ITR-4, and revised returns, offering taxpayers greater flexibility. Understandin...

June 10, 2026 75 Views 0 comment Print

Sikkim: India’s Only Income Tax-Free State and the Law Behind It

Income Tax : Relocating to Sikkim does not automatically exempt you from income tax. This article explains who qualifies under Section 10(26AAA...

June 10, 2026 120 Views 0 comment Print

8 Legal Ways to Save Income Tax in India for Business Owners & Freelancers

Income Tax : The article outlines practical methods through which business owners and professionals can legally minimise their tax burden. It h...

June 10, 2026 225 Views 0 comment Print

Section 54 Exemption for Capital Gains on Residential Property Transfer

Income Tax : Section 54 grants exemption on long-term capital gains from the sale of a residential house because the proceeds are reinvested in...

June 10, 2026 96171 Views 4 comments Print

E-Payment of Direct Taxes: Simplifying Tax Payments

Income Tax : The Income-tax Act mandates e-payment of direct taxes for companies and taxpayers covered under Section 44AB, while others may opt...

June 10, 2026 10122 Views 0 comment Print


Latest News


Income Tax Superintendent Caught by CBI in Bribery Case Linked to PAN Deletion

Income Tax : The CBI apprehended an Income Tax Office Superintendent in Odisha after he was allegedly caught accepting a bribe for deleting a d...

June 6, 2026 6034 Views 0 comment Print

ITAT Prioritizes Old Appeals as Rising Pendency Requires Urgent Disposal Measures

Income Tax : The Income Tax Appellate Tribunal has proposed a priority disposal mechanism for appeals filed up to and including 2022 in respons...

June 5, 2026 225 Views 0 comment Print

Request for Rationalisation and Merger of TDS Return Codes 1023 & 1024

Income Tax : A representation has urged CBDT to merge TDS return codes 1023 and 1024, arguing that both apply to the same contract payments wit...

June 4, 2026 1593 Views 0 comment Print

Reduce CASS 2026 Scrutiny Cases Due to New Income Tax Act Transition Challenges: ITGOA

Income Tax : Association requested CBDT to rationalize CASS 2026 case selection considering the administrative burden caused by implementation ...

May 21, 2026 3696 Views 1 comment Print

Representation for timely release of e-filing utilities for ITR for AY 2026-27

Income Tax : KSCAA requested the CBDT to release e-filing utilities and schemas for AY 2026-27 without delay, stating that pending utilities ar...

May 13, 2026 3957 Views 0 comment Print


Latest Judiciary


Settlement Proceedings do not invalidate assessments passed under Court’s interim liberty

Income Tax : Assessment orders passed pursuant to express liberty granted by the High Court during pendency of settlement-related litigation re...

June 10, 2026 51 Views 0 comment Print

Excess Stock Found During Survey Is Business Income, Not Deemed Income u/s 69A: Bangalore ITAT

Income Tax : The ruling emphasizes that undisclosed business receipts and stock arising from an existing business cannot automatically be chara...

June 10, 2026 138 Views 0 comment Print

Bogus Purchase Addition Can’t Be 100% When Sales Are Accepted: ITAT Mumbai

Income Tax : The Tribunal held that when sales are accepted and books of account are not rejected, the entire amount of disputed purchases cann...

June 10, 2026 69 Views 0 comment Print

CIT(A) Cannot Dismiss Appeal for Non-Prosecution Without Deciding Merits: ITAT Pune

Income Tax : The ITAT Pune held that the CIT(A)/NFAC cannot dismiss an appeal merely for non-prosecution without adjudicating the issues on mer...

June 10, 2026 42 Views 0 comment Print

Telangana HC Upholds ITAT’s Rejection of Section 254(2) Rectification Plea

Income Tax : The Telangana High Court held that Section 254(2) of the Income-tax Act is confined to rectifying mistakes apparent from the recor...

June 10, 2026 54 Views 0 comment Print


Latest Notifications


CBDT Issues Complete Income Tax Scrutiny Guidelines for FY 2026-27

Income Tax : The CBDT has identified specific categories of taxpayers whose returns will be compulsorily selected for complete scrutiny during ...

June 7, 2026 44718 Views 1 comment Print

Income-Tax (Amendment) Commencement Ordinance, 2026

Income Tax : The Ordinance exempts interest income and capital gains arising from Government securities for Foreign Institutional Investors and...

June 6, 2026 564 Views 0 comment Print

CBDT Notifies Infrastructure Sub-Sectors as Eligible Businesses Under Income Tax Act 2025

Income Tax : The Central Government has specified infrastructure sub-sectors from the Updated Harmonised Master List as eligible businesses und...

June 2, 2026 489 Views 0 comment Print

CBDT Approves National Institute of Advanced Studies as Scientific Research Institution  

Income Tax : CBDT has granted scientific research approval under the Income-tax Act, 2025, enabling eligible donations to qualify for tax benef...

May 30, 2026 165 Views 0 comment Print

CBDT Approves S. Nijalingappa Sugar Institute for Scientific Research Tax Benefit Eligibility 

Income Tax : CBDT has granted scientific research approval under the Income-tax Act, 2025, allowing eligible donations to qualify for tax benef...

May 30, 2026 138 Views 0 comment Print


Notification No. 81/2025 – Income Tax, Dated: 11th July, 2025

July 11, 2025 498 Views 0 comment Print

The Ministry of Finance extends the Income Tax Act’s Section 10(23FE) exemption deadline from March 2025 to March 2030.

Notification No. 80/2025 – Income Tax, Dated: 11th July, 2025

July 11, 2025 615 Views 0 comment Print

The Ministry of Finance extends the Income Tax Act’s Section 10(23FE) exemption deadline from March 2025 to March 2030.

Notification No. 79/2025 – Income Tax, Dated: 11th July, 2025

July 11, 2025 648 Views 0 comment Print

CBDT Notification 79/2025 extends the applicability of Income Tax Act Section 10(23FE) provisions from March 31, 2025, to March 31, 2030.

Notification No. 78/2025 – Income Tax, Dated: 11th July, 2025

July 11, 2025 630 Views 0 comment Print

CBDT Notification 78/2025 extends the applicability of Income Tax Act Section 10(23FE) provisions from March 31, 2025, to March 31, 2030.

Notification No. 77/2025 – Income Tax, Dated: 11th July, 2025

July 11, 2025 846 Views 0 comment Print

CBDT extends the income tax exemption deadline under Section 10(23FE) from March 31, 2025, to March 31, 2030, via Notification No. 77/2025.

Notification No. 76/2025 – Income Tax, Dated: 11th July, 2025

July 11, 2025 576 Views 0 comment Print

CBDT extends an income tax exemption under Section 10(23FE) of the Income-tax Act, 1961, from March 2025 to March 2030. This notification, dated July 11, 2025, impacts certain income tax provisions.

Notification No. 75/2025 – Income Tax, Dated: 11th July, 2025

July 11, 2025 738 Views 0 comment Print

The Ministry of Finance extends the deadline for certain Income Tax Act Section 10(23FE) provisions from March 31, 2025, to March 31, 2030.

Notification No. 74/2025 – Income Tax, Dated: 11th July, 2025

July 11, 2025 41376 Views 0 comment Print

CBDT Notification 74/2025 extends the Section 10(23FE) income tax exemption period from March 31, 2025, to March 31, 2030, amending a 2020 notification.

Received Section 143(2) Income Tax Scrutiny Notice: What You Need to Know

July 10, 2025 5427 Views 0 comment Print

As Income Tax Department initiates scrutiny for Assessment Year (AY) 2024–25, many taxpayers are receiving notices under Section 143(2) of Income Tax Act, 1961. If you’ve received one, don’t panic—but don’t ignore it either.

Calcutta HC Stays Reassessment Proceedings, Cites Due Process

July 10, 2025 597 Views 0 comment Print

Calcutta High Court stays reassessment proceedings against Unisource Hydro Carbon Services, highlighting the need for affidavits and potential natural justice violations.

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