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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 192 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 144 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 267 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 96813 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 10215 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 6040 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 228 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 1602 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 3708 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 3957 Views 0 comment Print


Latest Judiciary


ITAT Deletes Section 80GGC Disallowance as No Evidence Linked Donation to Accommodation Entry Scheme

Income Tax : The Jodhpur ITAT held that deduction under Section 80GGC cannot be denied merely on allegations against a political party in the a...

June 10, 2026 921 Views 0 comment Print

Settlement Proceedings do not invalidate assessments passed under Court’s interim liberty

Income Tax : Assessment orders passed pursuant to express liberty granted by the High Court during pendency of settlement-related litigation re...

June 10, 2026 81 Views 0 comment Print

Excess Stock Found During Survey Is Business Income, Not Deemed Income u/s 69A: Bangalore ITAT

Income Tax : The ruling emphasizes that undisclosed business receipts and stock arising from an existing business cannot automatically be chara...

June 10, 2026 159 Views 0 comment Print

Bogus Purchase Addition Can’t Be 100% When Sales Are Accepted: ITAT Mumbai

Income Tax : The Tribunal held that when sales are accepted and books of account are not rejected, the entire amount of disputed purchases cann...

June 10, 2026 117 Views 0 comment Print

CIT(A) Cannot Dismiss Appeal for Non-Prosecution Without Deciding Merits: ITAT Pune

Income Tax : The ITAT Pune held that the CIT(A)/NFAC cannot dismiss an appeal merely for non-prosecution without adjudicating the issues on mer...

June 10, 2026 51 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 44982 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


Earnings from bribe may be made criminal offence under Income Tax Act

June 15, 2011 1958 Views 0 comment Print

In a bid to tackle tax evasion and check generation of illicit money, the government is considering classifying earnings from illegitimate sources like bribery and corruption as criminal offences under the income tax laws. ‘The income earned from illegitimate means could be classified as a criminal offence in the Income Tax Act’, said a senior Finance Ministry official.

Notification No. 52/2011 – Income Tax Dated 14/6/2011

June 14, 2011 577 Views 0 comment Print

Notification No. 52/2011 – Income Tax Whereas by Notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O. 135(E), dated the 3rd February, 2006, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial Number 9, “National Centre for Adolescents” by Urivi Vikram Charitable Trust

Notification No. 51/2011 – Income Tax Dated 14/6/2011

June 14, 2011 457 Views 0 comment Print

Notification No. 51/2011 – Income Tax Whereas by Notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O.708(E), dated the 25th May, 2005, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial Number 15, “Project for capacity building of voluntary sector” by SOSVA Training

Notification No. 78/2011 – Income Tax Dated 14-6-2011

June 14, 2011 621 Views 0 comment Print

NC Notification No. 78/2011 – Income Tax WHEREAS by Notification of the Government of India, in the Ministry of Finance (Department of Revenue) Number S.O.739(E), dated the 10th September, 1999, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial Number 7, ‘Provision of artificial limbs and other rehabilitation aids to amputees, polio-affected disabled persons, hard of hearing, medicines and special shoes to persons suffering from leprosy, various types of financial aids and other support for self-employment and rehabilitation of handicapped persons at Jaipur, Rajasthan’

Notification No. 77/2011 – Income Tax Dated 14-6-2011

June 14, 2011 798 Views 0 comment Print

NC Notification No. 77/2011 – Income Tax WHEREAS by Notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O.998(E), dated the 5th July, 2006, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial Number 7, ” “Muktangan” Balwadi and school project for children of slum dwellers and factory workers” by Paragon Charitable Trust, I-11/12, Paragon Condominium, Pandurang Budhkar Marg, Worli, Mumbai-400 013, as an eligible project or scheme for a period of two years beginning with assessment year 2006-07 and which was extended further vide Notification Number S.O.1471(E), dated 17th June, 2008 for a further period of three years beginning with the financial year 2008-09;

Notification No. 76/2011 – Income Tax Dated 14-6-2011

June 14, 2011 630 Views 0 comment Print

NC Notification No. 76/2011 – Income Tax WHEREAS by Notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O. 2370(E), dated 3rd October, 2008, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial Number 31, Adhiparasakthi Health and Social Upgradation Program i.e. (i) Medical hospital project, (ii) HIV project and (iii) Rural Development program by Adhiparasakthi Charitable, Medical, Educational and Cultural Trust, Melmaruvathur -603 319, District Kancheepuram, Tamilnadu, as an eligible project or scheme for a period of three years beginning with financial year 2008-09;

Notification No. 75/2011 – Income Tax Dated 14-6-2011

June 14, 2011 636 Views 0 comment Print

NC Notification No. 75/2011 – Income Tax WHEREAS by Notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O.234(E), dated the 15th February, 2007, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial Number 15, “Purchase and installation of plant and machinery, expansion of infrastructure” by Jain Social Federation’s Anandrishiji Hospital & Medical Research Centre, Plot No. 124, Anandrishiji Marg, Ahmednagar-414001 (Maharashtra), as an eligible project or scheme for a period of two years beginning with financial year 2006-07 and which was extended further vide Notification Number S.O. 1477(E), dated 17th June, 2008 for a further period of three years beginning with the financial year 2008-09;

Notification No. 74/2011 – Income Tax Dated 14-6-2011

June 14, 2011 927 Views 0 comment Print

NC Notification No. 74/2011 – Income Tax WHEREAS by Notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O. 2370(E), dated 3rd October, 2008, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial Number 19, Mobile Charitable Dispensary and Medical Aid Project by Bharat Sevashram Sangha, 211, Rash Behari Avenue, Kolkata – 700 019, as an eligible project or scheme for a period of three years beginning with financial year 2008-09;

Notification No. 73/2011 – Income Tax Dated 14/6/2011

June 14, 2011 732 Views 0 comment Print

NC Notification No. 73/2011 – Income Tax WHEREAS by Notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O. 121(E), dated 12th January, 2009, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial Number 21, Nanaksar Dashmesh Public School by Anand Isher Educational Charitable Trust, Chhappar Road, Village Chhappar, Ahmad Garh Mandi, Ludhiana, Punjab, as an eligible project or scheme for a period of three years beginning with financial year 2008-09;

Notification No. 55/2011 – Income Tax Dated 14-6-2011

June 14, 2011 642 Views 0 comment Print

NC Notification No. 55/2011 – Income Tax Whereas by Notification of the Government of India in the Ministry of Finance (Department of Revenue) Number S.O. 121(E), dated 12th January, 2009, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial Number 34, Integrated Development of boys, girls and women from slum dwellers Construction and Development of a multifaceted training centre by Swa-Roopwardhinee, 22/1, Mangalwar Peth, Parge Chowk, Pune 411011, Maharashtra, as an eligible project or scheme for a period of three years beginning with financial year 2008-09;

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