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


Advisory on taxation for startups, AIFs and IFSCs

Income Tax : Explore taxation aspects of startups, Alternative Investment Funds (AIFs), and International Financial Service Centres (IFSCs) in ...

August 23, 2024 39 Views 0 comment Print

FAQs on interest under section 234A, 234B, 234C and 234D

Income Tax : All about interest under sections 234A, 234B, 234C, and 234D of the Income Tax Act, including when it is charged, rates, and calcu...

August 23, 2024 366 Views 0 comment Print

Income Tax Informants Reward Scheme 2018 FAQs | Key Insights

Income Tax : Understand the Income Tax Informants Reward Scheme 2018. Learn about eligibility, rewards, and the scope of the scheme designed to...

August 23, 2024 261 Views 0 comment Print

FAQs on taxation of charitable or religious trusts under Income Tax Act, 1961

Income Tax : AQs on charitable trusts, covering registration under Section 12AB, income tax rules, donation management, audit requirements, and...

August 23, 2024 627 Views 0 comment Print

FAQs on intimation under section 143(1) of Income Tax Act, 1961

Income Tax : FAQs on intimation under Section 143(1) of Income Tax Act, 1961. Learn about adjustments, time limits, and how to respond to CPC a...

August 23, 2024 1716 Views 0 comment Print


Latest News


Join 5-Day Live & Online Income Tax Audit Course with Practical Examples

Income Tax : Join our 5-day live course from Sept 8-12, 2024, for an in-depth understanding of tax audits under Section 44AB, with practical in...

August 23, 2024 399 Views 0 comment Print

Live Course: Handling Faceless Income Tax Assessment with AI Tools like ChatGPT

Income Tax : Learn to handle faceless income tax assessments using AI tools like ChatGPT in a 2-hour live course on Sept 1, 2024. Enhance effic...

August 23, 2024 735 Views 0 comment Print

CBDT Central Action Plan 2024-2025

Income Tax : The Central Action Plan 2024-2025 by CBDT aims to optimize India's direct tax system, focusing on revenue, litigation, taxpayer se...

August 22, 2024 1029 Views 0 comment Print

Tax Audit Under Income Tax Act: Detailed Live Course with Practical Insights – Starting Today

Income Tax : Join our live course from Aug 23-25, 2024, to master tax audits, including Form 3CD, financial statements, and GST, with practical...

August 19, 2024 3015 Views 0 comment Print

Direct Tax Collections FY 2024-25 Reach Rs. 6.93 Lakh Crores as on 11.08.2024

Income Tax : As of August 11, 2024, net direct tax collections for FY 2024-25 stand at Rs. 6.93 lakh crores, marking a 22.48% growth compared t...

August 13, 2024 279 Views 0 comment Print


Latest Judiciary


Interest & Late Fee for Non-Compliance Under Various Acts, Being Compensatory, Are Allowable

Income Tax : ITAT Bangalore allows Vyoma Technologies to claim GST late fees and interest as business deductions, ruling them compensatory, not...

August 23, 2024 99 Views 0 comment Print

Rejection of Appeal for Non-Payment of Advance Tax Without Return of Income is Invalid

Income Tax : ITAT Bangalore ruled CIT(A)’s rejection of Smt. Prameela Parameshwar's appeal for non-payment of advance tax invalid, as the add...

August 23, 2024 27 Views 0 comment Print

ITAT Condones Delay Due to Lockdown, Remands Case to CIT(A) for decision on merits

Income Tax : ITAT Hyderabad condoned a 21-month delay in filing an income tax appeal due to the COVID-19 pandemic, referencing a Supreme Court ...

August 23, 2024 48 Views 0 comment Print

ITAT allows Section 54EC exemption for investments before sale deed registration

Income Tax : ITAT Ahmedabad rules in favor of Rahul G. Patel, granting exemption under Section 54EC for investments made in NHAI bonds before t...

August 22, 2024 264 Views 0 comment Print

Penalty u/s. 271(1)(c) not leviable for voluntary surrender of income in good faith: ITAT Hyderabad

Income Tax : ITAT Hyderabad held that voluntary surrender of income in good faith cannot be considered as concealment of income. Hence, penalty...

August 22, 2024 84 Views 0 comment Print


Latest Notifications


Income Tax: New Guidelines for Filing application under section 10(46A)

Income Tax : Finance Act 2023 updates the process for filing applications under Section 10(46A) of the Income-tax Act. Standardized procedures ...

August 20, 2024 3198 Views 0 comment Print

President Assents Finance (No 2) Bill, 2024 i.e. Finance (No. 2) Act, 2024

Income Tax : On August 16, 2024, President Droupadi Murmu officially granted her assent to the Finance (No 2) Bill, 2024. With this move, the b...

August 18, 2024 1986 Views 0 comment Print

Finance (No. 2) Bill, 2024 – As Passed by Lok Sabha on 7.8.2024

Income Tax : Explore the Finance Bill 2024, detailing income tax rates, surcharges, and provisions for various taxpayers, including individuals...

August 13, 2024 3768 Views 0 comment Print

Guidelines for Handling High-Risk PAN Cases in Insight Portal

Income Tax : Insight Instruction No. 79 details procedures for managing high-risk PAN cases in the Insight portal, guiding tax officers through...

August 12, 2024 13200 Views 0 comment Print

Income Tax Exemption for UIDAI’s Specified Income 2024-2029

Income Tax : UIDAI's specified income receives tax exemption for AY 2024-2025 to 2028-2029 under Income-tax Act, 1961, as per the latest CBDT n...

August 12, 2024 315 Views 0 comment Print


Circular No. 301-Income tax dated 29-4-1981

April 29, 1981 414 Views 0 comment Print

Circular No. 301-Income tax I am directed to invite a reference to this Department’s Circular No. 280 [F. No. 275/19/80-IT(B)], dated 20-9-1980, on the above subject, wherein the rates at which deduction of tax under section 194BB to be made during the year 1980-81 from winnings from horse races were communicated

Circular No. 300-Income Tax dated 27-4-1981

April 27, 1981 354 Views 0 comment Print

Circular No. 300-Income Tax I am directed to invite a reference to the Board’s Circular No. 300 [F. No. 275/5/81-IT(B)], dated 27-4-1981 wherein the rates at which the deduction of income-tax was to be made during the financial year 1981-82 from payments of income by way of insurance commission under section 194D were intimated

Circular No. 299-Income Tax dated 24-4-1981

April 24, 1981 297 Views 0 comment Print

Circular No. 299-Income Tax I am directed to invite a reference to this Department’s Circular No. 275, dated 16-7-1980 and to enclose a copy of the draft circular letter setting out the rates at which income-tax and surcharge should be deducted from interest on Government securities after March 31, 1981, as prescribed in the Finance Bill, 1981

Notification No. S.O.3279 – Income Tax Date 24/4/1981

April 24, 1981 250 Views 0 comment Print

Notification No. S.O.3279 – 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 Arulmigu Thayumanaswami Temple, Tiruchirapalli, to be a place of public worship of renown throughout the State of Tamil Nadu

Notification No. S.O.1377 – Income Tax Date 22/4/1981

April 22, 1981 286 Views 0 comment Print

Notification No. S.O.1377 – Income Tax In pursuance of sub-clause (f) of clause (iii) of sub-section (3) of section 194A of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Management Development Institute, New Delhi, for the purposes of the said sub-clause.

Notification No. S.O.1925 – Income Tax Date 20/4/1981

April 20, 1981 256 Views 0 comment Print

Notification No. S.O.1925 – 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 “Mandir Shree Ganeshji, Moti Dungri, Jaipur” to be a place of public worship of renown throughout the State of Rajasthan.

Notification No. S.O.1796 – Income Tax Date 16/4/1981

April 16, 1981 271 Views 0 comment Print

Notification No. S.O.1796 – Income Tax In exercise of the powers conferred by clause (v) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Dohnavur Fellowship, Dohnavur, Tirunelveli District, Tamil Nadu for the purpose of the said section for the assessment year 1981-82.

Circular No. 298-Income Tax dated 15-4-1981

April 15, 1981 435 Views 0 comment Print

Circular No. 298-Income Tax I am directed to invite a reference to this Ministry’s Circu­lar No. 278 [F. No. 275/12/80-IT(B)], dated 26-8-1980 wherein the rates at which income-tax deduction during the financial year 1980-81, from the payments of income chargeable under the head “Salaries” under section 192, were intimated

Circular No. 297-Income Tax dated 10-4-1981

April 10, 1981 321 Views 0 comment Print

Circular No. 297-Income Tax Reference is invited to Board’s Circular No. 296, dated 31-3-1981 by which the Commissioners were asked to direct the ITOs to send two copies of return forms, etc., to the assessees existing on the register of the Department by ordinary post. This direction is modified to the extent that return forms etc., should be sent only to those assessees whose income according to the latest return/assessment on

Notification No. S.O.1795 – Income Tax Date 10/4/1981

April 10, 1981 229 Views 0 comment Print

Notification No. S.O.1795 – Income Tax In exercise of the powers conferred by clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sanjay Gandhi Memorial Trust for the purpose of the said section for period covered by the assessment years 1982-83 to 1983-84.

Sponsored
Sponsored
Search Post by Date
August 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031