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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


Deduction in case of New Employment – Section 80JJAA of Income Tax Act

Income Tax : Explore Section 80JJAA of Income Tax Act, encouraging job creation in India. Learn about conditions, deductions, and benefits for ...

July 6, 2024 981 Views 0 comment Print

Bombay HC Invalidates Reassessment Notice for AY 2015-16: Lack of DIN & Jurisdictional Issue

Income Tax : Explore the Bombay High Court's ruling on the invalidity of a reassessment notice under Section 148 of the Income-tax Act, 1961, f...

July 6, 2024 549 Views 0 comment Print

What will happen if you file your ITR wrongly to claim full refund?

Income Tax : Learn about the consequences of filing your ITR incorrectly and claiming a full refund. Understand Section 133(6) of the Income Ta...

July 5, 2024 7860 Views 1 comment Print

FAQs on New vs. Old Tax Regime (AY 2024-25)

Income Tax : Get answers to FAQs on the new vs. old tax regime for AY 2024-25. Learn about the differences, benefits, and how to choose the bes...

July 5, 2024 9246 Views 0 comment Print

Artificial Intelligence and Taxation: Redefining Compliance Standards

Income Tax : Discover how AI is transforming tax compliance standards, automating tasks, detecting fraud, and enhancing efficiency. Learn about...

July 5, 2024 1125 Views 2 comments Print


Latest News


All about TDS on Dividend with format of Form 15G, 15H and Declarations

Income Tax : Understand tax deduction rules for dividends as per Income-tax Act, 1961 amendments. Detailed guide on TDS rates, exemptions, and ...

July 4, 2024 585 Views 0 comment Print

New FVUs and Return Preparation Utility for e-TDS/TCS Statements

Income Tax : Release of File Validation Utilities (FVUs) and Return Preparation Utility for e-TDS/TCS Statements File Validation Utility (FVU)...

July 3, 2024 15369 Views 12 comments Print

Updated List of 28 Banks For Income Tax Payments on e-Filing Portal

Income Tax : Discover the comprehensive list of 26 banks available at the e-Filing Portal's e-Pay Tax service. Find out the new and migrated b...

July 2, 2024 36963 Views 4 comments Print

Representation on delays & pendency of Appeals Filed with CIT(A) & Suggestions

Income Tax : Explore issues & solutions for appeals to Income Tax Commissioner. Detailed representation by Karnataka State Chartered Accountant...

July 1, 2024 2997 Views 0 comment Print

CBDT maintains database of over 76 crore PANs and over 74 lakh TANs

Income Tax : Read the inaugural address from Ravi Agrawal, the new Chairman of CBDT, outlining his vision for enhancing tax administration in I...

July 1, 2024 546 Views 0 comment Print


Latest Judiciary


AO exceeded jurisdiction in verifying demonetisation cash deposit below ₹2.5 lakhs

Income Tax : Explore the detailed analysis of the ITAT Bangalore decision in Goworamma Lingappa Manjula Vs ITO. Understand the implications and...

July 6, 2024 237 Views 0 comment Print

Unless escaped income exceeds ₹50 lakhs no action beyond 3 years could take place

Income Tax : Explore the ITAT Bangalore's decision in Lakshmi Multipurpose Co-operative Vs ITO regarding income threshold limits under Section ...

July 6, 2024 417 Views 0 comment Print

No penalty if contention of assessee was plausible and bona fide: Delhi HC

Income Tax : Delhi HC: No penalty for New Holland Tractors if assessee's contention was plausible and bona fide, provided full disclosure of fa...

July 6, 2024 405 Views 0 comment Print

No section 271D penalty for Cash receipt if reasonable cause exist

Income Tax : Read the full text of the ITAT Bangalore order in Laxmilal Badolla Vs NFAC. Penalty under Sec 271D cancelled due to reasonable cau...

July 4, 2024 522 Views 0 comment Print

Payment by Indian Entity to AE Abroad Not ‘FTS’ if No Technical Skill Provided: Bangalore ITAT

Income Tax : Learn how ITAT Bangalore ruled in favor of Herbalife India on technical service payments, clarifying FTS under India-USA DTAA. Det...

July 4, 2024 258 Views 0 comment Print


Latest Notifications


Guidelines for issuance of notice u/s 148 of the Income Tax Act, 1961

Income Tax : Explore the latest guidelines for issuing notice under Section 148 of the Income Tax Act, 1961. Understand key procedures, amendme...

July 5, 2024 9156 Views 0 comment Print

CBDT Order under DTVsV Act 2020 on acceptance of delayed Payment

Income Tax : CBDT order allows delayed tax payments under DTVsV Act conditions, easing compliance for taxpayers. Details on Form-3 modification...

June 27, 2024 735 Views 0 comment Print

CBDT notifies 6 from to be submitted electronically wef 27th June 2024

Income Tax : CBDT issued Notification No. 01/024-25-Income Tax dated 24th June 2024, specifying Form 3CN, Form 3CS, Form 3CEC, Form 3CEFB, Form...

June 24, 2024 1236 Views 0 comment Print

Section 10(46) exemption to Kerala Co-operative Deposit Guarantee Fund Board

Income Tax : Discover the impact of Notification No. 51/2024-Income Tax by the Ministry of Finance on the Kerala Co-operative Deposit Guarantee...

June 12, 2024 336 Views 0 comment Print

Budget 2024: CBDT invites Suggestions on changes in direct & indirect taxes 

Income Tax : Explore suggestions from trade associations for Budget 2024-25 on changes in direct and indirect taxes. Submit proposals for tax s...

June 12, 2024 801 Views 0 comment Print


Notification No. S.O. 2876, Date of Issue: 09.09.1965

September 9, 1965 358 Views 0 comment Print

In exercise of the powers conferred by sub-section (6) of section 88 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Poovnanathaswamy Temple, Kovilpatti, Tirunelveli District, Madras State, to be of historic, archaeological and artistic importance for the purpose of the said section

Notification No. S.O. 2875, Date of Issue: 06.09.1965

September 6, 1965 793 Views 0 comment Print

It is hereby notified for general information that the institutions mentioned below have been approved by the Council of Scientific and Industrial Research, the “prescribed authority”, for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (43 of 1961).

Claim for depreciation- Where required particulars not been furnished

August 31, 1965 3083 Views 0 comment Print

Numerous instances have come to the notice of the Board where assessee’s claim for depreciation duly shown in the return was not considered by the Income-tax Officer because books of account produced were not properly maintained and it was necessary to estimate profits by invoking the proviso to section 13 of the 1922 Act.

Notification: S.O.2800 Date of Issue: 30/8/1965

August 30, 1965 387 Views 0 comment Print

In exercise of the powers conferred by sub-section (6) of section 88 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Lakhmi Narasimha Swamy Devasthanam, Ahobilam Village, Allagadda Taluk, District Kurnool, Andhra Pradesh, to be of historic, archaeological and artistic importance for the purpose of the said section

Notification: S.O.2599 Date of Issue: 10/8/1965

August 10, 1965 307 Views 0 comment Print

Notification: S.O.2599 Cancer Institute (W. I. A.), Madras has been approved by the Indian Council of Medical Research, the prescribed authority, for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (43 of 1961).

Notification: S.O.2598 Section(s) Referred: 88 ,88(6) Statute: INCOME TAX Date of Issue: 9/8/1965

August 9, 1965 1062 Views 0 comment Print

In exercise of the powers conferred by sub-section (6) of section 88 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the following temple as a place of public

Notification: S.O.2597 Date of Issue: 7/8/1965

August 7, 1965 325 Views 0 comment Print

In exercise of the powers conferred by sub-section (6) of section 88 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Kasiviswanat

Notification: S.O.2353 Date of Issue: 19/7/1965

July 19, 1965 316 Views 0 comment Print

Notification: S.O.2353 Central Government hereby notifies the following temple as a place of public worship of renown throughout the State of Mysore for the purposes of the said section – Shri Dattatreya Temple, Ghangapur, District Gulbarga, Mysore

Notification: S.O.2215 Date of Issue: 7/7/1965

July 7, 1965 391 Views 0 comment Print

In the notification of the Central Board of Direct Taxes No. S. O. 3660 dated the 13th October, 1964, published at pages 979 to 988 in Part II—Section 3—sub-section (ii) of the Gazette of India, Extraordinary, dated the 13th October, 1964.

Notification: S.O.2214 Date of Issue: 7/7/1965

July 7, 1965 298 Views 0 comment Print

In exercise of the powers conferred by clause (d) of sub-section (5) of section 2 of the Finance Act, 1965 (10 of 1965), the Central Board of Direct Taxes hereby makes the following rules, namely :—-

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