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Latest Articles


Section 62(4) of Income-tax Act 2025: Closed List of Specified Professions Remains Unreformed

Income Tax : The Income-tax Act, 2025 continues the old specified professions framework without addressing longstanding classification issues. ...

June 11, 2026 177 Views 0 comment Print

SC Order Settled the issue of Taxability of International Software Supply Transactions?

Income Tax : The Supreme Court dismissed the Revenue's review petitions and reiterated that payments for off-the-shelf software do not constitu...

June 11, 2026 225 Views 0 comment Print

Period of limitation prescribed under Income-tax Act, 1961

Income Tax : A detailed overview of limitation periods prescribed under the Income-tax Act reveals how missing statutory deadlines can lead to ...

June 11, 2026 5706 Views 1 comment Print

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 960 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 303 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 6079 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 1641 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 3747 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 3975 Views 0 comment Print


Latest Judiciary


ITAT Deletes Section 69 Addition as Seized Loose Document Lacked Corroborative Evidence

Income Tax : The Tribunal held that an incomplete document recovered from an employee's laptop could not justify an addition under Section 69 w...

June 11, 2026 114 Views 0 comment Print

Capital Spending on School Infrastructure is Application of Income: ITAT Delhi

Income Tax : The ITAT held that once registration under Section 12AB was ultimately granted on the basis of the original application, the doctr...

June 11, 2026 108 Views 0 comment Print

CA Acting as Conduit for Clients’ Tax Payments Cannot Be Taxed on Deposits: ITAT Chennai

Income Tax : The ITAT Chennai ruled that funds received by a Chartered Accountant for remitting clients' taxes could not be treated as unexplai...

June 11, 2026 5691 Views 0 comment Print

Revised Return Not Essential Before Appellate Authorities for Additional Tax Claims

Income Tax : ITAT Mumbai held that appellate forums can entertain additional claims even without a revised return. The matter was remanded to t...

June 11, 2026 93 Views 0 comment Print

Daughter’s Bank Account Can’t Be Frozen for Father’s Tax Dues: Telangana HC

Income Tax : The Telangana High Court held that recovery proceedings under Section 226(3) cannot automatically extend to a daughter's bank acco...

June 11, 2026 153 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 45747 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 588 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 507 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 180 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 147 Views 0 comment Print


Administrative Circular Not a Fetter on CIT in Tax Dispute: Telangana HC

January 29, 2024 735 Views 0 comment Print

Explore Ahmed Memorial vs. CIT case in Telangana High Court. Analysis of administrative circular impact on CIT decisions. Bank account operation allowed as interim measure.

Acceptance and Payment of Loan in Cash: HC upheld Section 148A(d) order

January 29, 2024 3681 Views 0 comment Print

Explore the Kerala High Court’s decision upholding Section 148A(d) order against St. John The Baptist Church for accepting and repaying cash loans, deemed as income escape.

Compliance Challenges & Ramifications of Section 43B(h) of Income Tax Act

January 29, 2024 4659 Views 0 comment Print

Explore the ramifications of Income Tax Act Section 43B(h) amendment, its impact on Micro and Small Enterprises (MSMEs), compliance challenges, and potential consequences for businesses

Webinar on M&A Tax in India (Merger & Acquisition)

January 29, 2024 7815 Views 0 comment Print

Join CA Gaurav Sukhija on Jan 24, 2024, for a 1-hour seminar delving into M&A Tax in India. Explore key objectives, modes, and implications for CFOs, CEOs, lawyers, and more.

Karnataka HC Directs Govt. to decide on Section 80TTA Limit representation: Deadline Jan 31

January 29, 2024 1227 Views 0 comment Print

Karnataka High Court directs the Government to address petitioner’s representation on Section 80TTA limit by Jan 31. Analysis of Rupesh Srivastava Vs CBDT case and its impact.

Section 43B Amendments: FAQs on Timely Payments to MSMEs

January 29, 2024 30699 Views 3 comments Print

Understand recent amendments to Section 43B of Income Tax Act, emphasizing prompt payments to MSMEs. Explore FAQs for clarity on compliance, consequences, and practical implications.

Repercussions of Delayed Payment to Micro and Small Enterprises- FAQs

January 28, 2024 37962 Views 2 comments Print

Explore the repercussions of delayed payments to Micro and Small Enterprises (MSMEs) under the MSMED Act and Section 43B(h) of the Income Tax Act. FAQs and comprehensive insights provided.

Section 43B(h): Time Limits and Eligibility Criteria

January 28, 2024 42762 Views 5 comments Print

Explore Section 43B(h) of Income Tax Act introduced in AY2024-25. Learn about payment deadlines for Micro and Small Suppliers, eligibility criteria, and implications for taxpayers.

Amendment in Section 43B: Impact on MSME Payments and Tax Liability

January 28, 2024 10566 Views 6 comments Print

Explore recent amendment in Section 43B of the Income Tax Act, 1961, affecting MSME payments, tax liability, and practical implications. Understand time limits and consequences.

Breakdown of Income Tax Circular No. 20 of 2023 dated December 28, 2023

January 27, 2024 11865 Views 0 comment Print

Explore resolutions for CBDT Circular No. 20/2023 issues: TDS responsibilities, fees inclusion, treatment of taxes, purchase-returns, and discount calculations.

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