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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 510 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 186 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 339 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 97101 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 10266 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 6046 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 231 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 1605 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 3720 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 3963 Views 0 comment Print


Latest Judiciary


Share Premium Can’t Be Taxed U/s 68 Merely Because AO Finds It Excessive: Mumbai ITAT

Income Tax : The Tribunal ruled that the Assessing Officer cannot tax share premium under Section 68 solely on the basis that the premium lacks...

June 11, 2026 Views 0 comment Print

CAM Charges Attract TDS Under Section 194C and not Under 194J: ITAT Delhi

Income Tax : The ruling emphasized that CAM charges remain separate transactions irrespective of whether payments are made to the same landlord...

June 11, 2026 72 Views 0 comment Print

ITAT Deletes TDS Demand as Seller’s PAN Was Regularised Within CBDT Timeline

Income Tax : The Tribunal held that, apart from the CBDT clarification, the seller had declared the capital gains and discharged taxes. Therefo...

June 11, 2026 63 Views 0 comment Print

Income Tax Refund Interest payable up to actual date of refund issuance: ITAT Delhi

Income Tax : The Tribunal held that interest under Section 244A must be computed up to the actual date of refund issuance. Restricting interest...

June 11, 2026 57 Views 0 comment Print

Section 56(2)(viib) Not Applicable to CCD Conversion Without Fresh Consideration: ITAT Delhi

Income Tax : The ITAT held that Section 56(2)(viib) cannot apply where equity shares are issued upon conversion of CCDs without receipt of fres...

June 11, 2026 435 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 45189 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 492 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


Delay due to COVID-19 outbreak and pendency of rectification application genuine

March 4, 2025 1053 Views 0 comment Print

ITAT Pune held that delay in filing of an appeal before CIT(A) needs to be condoned firstly by excluding COVID-19 pandemic outbreak period and further since rectification application was pending before CPC.

Addition u/s. 69 without any concrete evidence against assessee is not sustainable

March 4, 2025 1188 Views 0 comment Print

ITAT Mumbai held that addition under section 69 towards unexplained cash made by the AO without bringing any concrete evidence on record incriminating the assessee is not sustainable. Accordingly, addition u/s. 69 deleted.

Search and Seizure: GST vs. Income Tax Key Differences

March 4, 2025 3174 Views 0 comment Print

Compare GST and Income Tax search and seizure processes, highlighting key differences in scope, authority, and taxpayer rights. Learn how to handle raids effectively.

Tax-Saving Strategies for Taxpayers in this March!!!

March 4, 2025 2178 Views 0 comment Print

Krishna, as in March the end of the financial year approaches, many people start thinking about how to save more tax. After all, a rupee saved is a rupee earned, and who better than us, Indians, to understand the importance of saving? But with so many options available, it can be tough to know where to start.

eTDS Return Corrections – An Overview

March 4, 2025 2844 Views 3 comments Print

Understand eTDS return corrections, the six-year revision limit, and challenges in claiming TDS credit. Learn how tax adjustments impact deductees.

Why CS Should Be Accountants Under Income-Tax Bill 2025 – A Research

March 4, 2025 19170 Views 2 comments Print

Explore our analysis on including Company Secretaries as Accountants under the Income-Tax Bill 2025. Benefits include improved compliance, cost efficiency, and governance.

Tax Avoidance vs. Tax Evasion: Line Between Legal Planning & Illegal Practices

March 4, 2025 1920 Views 0 comment Print

While tax avoidance is legal and involves strategic tax planning, tax evasion is illegal and constitutes fraudulent activities to escape tax obligations. Understanding this fine line is crucial for individuals, businesses, and policymakers. This blog explores the key differences between tax avoidance and tax evasion, supported by case laws and examples.

High-Risk and Non PAN Transaction Cases: Insight Portal Guidelines

March 3, 2025 2349 Views 0 comment Print

Learn about high-risk transaction case verification, assessment, and proceedings under Sections 148/148A on the Insight and ITBA portals for tax authorities.

High-Risk CRIU/VRU Cases and proceedings under Sections 148/148A

March 3, 2025 3717 Views 0 comment Print

Learn about high-risk CRIU/VRU case verification, assessment, and proceedings under Sections 148/148A on the Insight and ITBA portals for tax authorities.

Assessment & Investigation of Benami, Foreign Assets & TDS Cases

March 3, 2025 945 Views 0 comment Print

Learn about suspected benami, undisclosed foreign assets, and TDS compliance cases assigned under Risk Management Strategy via the Insight Portal verification module.

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