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


Scope of Income Tax Search Assessment – A Tabular Form

Income Tax : Discover the updated Income Tax assessment procedures for searches starting from September 2024, including tax rates, penalties, a...

August 19, 2024 Views 0 comment Print

कैश लेन-देन पर होगी आयकर विभाग की नजर – बैंकिंग चैनल से ही बड़े खर्च करें

Income Tax : आयकर विभाग ने कैश लेन-देन पर कड़ी नजर रखने का निर्�...

August 19, 2024 828 Views 0 comment Print

India-Mauritius: Implications of Principal Purpose Test

Income Tax : India and Mauritius have amended the DTAA, adding a principal purpose test (PPT) rule to close tax loopholes and align with global...

August 19, 2024 48 Views 0 comment Print

Tax Implications of Raksha Bandhan Gifts: What You Need to Know

Income Tax : Understand the tax implications of Raksha Bandhan gifts. Learn about exemptions for gifts from relatives and the tax rules for gif...

August 19, 2024 1107 Views 0 comment Print

Finance (No. 2) Act 2024 – Key Amendments relating to Direct Taxes

Income Tax : The Finance (No 2) Act 2024 has been notified on 16th August 2024. The Finance Act sections 1 to 99 (Page 1 to 54) amends Income T...

August 18, 2024 4017 Views 0 comment Print


Latest News


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

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 957 Views 0 comment Print

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 19, 2024 285 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 19, 2024 537 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 255 Views 0 comment Print

FAQs on PFA & Defective for ITR 1 to 6 for AY 24-25

Income Tax : Understand PFA and defective return queries for ITR 1-6 for AY 24-25, including MAT applicability, TDS/TCS claims, and income disc...

August 10, 2024 3057 Views 0 comment Print


Latest Judiciary


Section 2(22)(e) Deemed Dividends Taxed Only in Shareholders’ Hands: Calcutta HC

Income Tax : Calcutta High Court rules deemed dividends under Section 2(22)(e) taxable only in shareholders' hands, upholding ITAT's decision. ...

August 19, 2024 9 Views 0 comment Print

Calcutta HC Upholds ITAT’s Decision Granting Relief to Trust Despite Late Audit Report Submission

Income Tax : Calcutta High Court affirms ITAT's decision to grant relief to Camellia Educare Trust despite late submission of the audit report ...

August 19, 2024 12 Views 0 comment Print

HC upholds deletion of ₹13.56 crore Section 68 addition of share capital & premium

Income Tax : Calcutta High Court upholds ITAT's decision, dismissing Revenue's appeal under Section 68 due to lack of verification of transacti...

August 19, 2024 9 Views 0 comment Print

Calcutta HC Orders Rehearing of Income Tax Appeals Due to Wrong Address in Documents

Income Tax : Calcutta High Court orders rehearing of income tax appeal for Bright Vyapaar Pvt. Ltd. due to wrong address issues in previous fil...

August 19, 2024 12 Views 0 comment Print

ITAT Remands Case to CIT(A) After Notices Sent to E-Mail remained Unnoticed

Income Tax : ITAT Pune sends case back to CIT(A) after hearing notices sent to registered email went unnoticed, leading to non-appearance by th...

August 19, 2024 12 Views 0 comment Print


Latest Notifications


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 402 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 3111 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 11649 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 285 Views 0 comment Print

Income Tax Exemption for West Bengal Transport Workers Social Security Scheme

Income Tax : West Bengal Transport Workers' Social Security Scheme receives tax exemption for specified income under Income-tax Act for AY 2021...

August 12, 2024 81 Views 0 comment Print


Notification No. S.O.1283 Date of Issue: 24/2/1977

February 24, 1977 388 Views 0 comment Print

The National Chemical Laboratory, Poona, is a unit of Council of Scientific & Industrial Research, New Delhi, which stands approved under section 10(2)(xiii) of the Income-tax Act, 1922, vide notification No. 34 dated 23rd November, 1946.

Notification No. S.O.1282 Date of Issue: 24/2/1977

February 24, 1977 262 Views 0 comment Print

The National Chemical Laboratory, Poona, is a laboratory of the Council of Scientific & Industrial Research which has been approved under section 10(2)(xiii) of the Income-tax Act, 1922, vide notification No. 34 dated 23rd November, 1946.

Notification No. S.O.1075 Date of Issue: 24/2/1977

February 24, 1977 280 Views 0 comment Print

It is hereby notified for general information that the institution mentioned below has been approved by the Central Board of Direct Taxes for the purposes of clause (a) of sub-clause (2) of section 35D of the Income-tax Act, 1961, in the field of refractory manufacturing : Institution

Notification No. S.O.1068 Date of Issue: 24/2/1977

February 24, 1977 340 Views 0 comment Print

that the said Institute will furnish the annual return of its scientific research activities to the prescribed authority for every financial year in such forms as may be laid down and intimated to them for this purpose, by 30th April, each year.

Notification No. S.O.2178 Date of Issue: 23/2/1977

February 23, 1977 274 Views 0 comment Print

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 ” Rajput Charitable Trust, Jammu “, for the purpose of the said section for and from the assessment year 1972-73.

Notification No. S.O.1991 Date of Issue: 23/2/1977

February 23, 1977 223 Views 0 comment Print

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 ” Indian Ex-Services League, New Delhi “, for the purpose of the said section.

Notification No. S.O.1990 Date of Issue: 21/2/1977

February 21, 1977 208 Views 0 comment Print

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 ” Kasturba Gandhi National Memorial Trust, Indore ” for the purposes of the said section for and from the assessment year 1976-77.

Notification No. S.O.1989 Date of Issue: 21/2/1977

February 21, 1977 259 Views 0 comment Print

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 ” The Society of Immaculate Heart of Mary-Dindigul ” for the purpose of the said section.

Notification No. S.O.1067 Date of Issue: 19/2/1977

February 19, 1977 229 Views 0 comment Print

that the said Institute will furnish the annual return of its scientific research activities to the prescribed authority for every financial year in such forms as may be laid down and intimated to them for this purpose. Institution

Notification No. S.O.1281 Date of Issue: 16/2/1977

February 16, 1977 190 Views 0 comment Print

It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Medical Research, New Delhi, the prescribed authority, for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961

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