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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


Gold Monetisation Scheme 2026: Earn Interest on Idle Gold at Home

Income Tax : The scheme allows households to deposit gold and earn interest without selling it. The key takeaway is that both interest and capi...

April 30, 2026 561 Views 0 comment Print

As a Foreign Company, Do I Need to File Annual CIT in China?

Income Tax : The issue is whether foreign businesses without offices in China must comply with tax laws. The key takeaway is that activities an...

April 29, 2026 273 Views 0 comment Print

Philosophy of Income Tax Act 2025: Perspectives from Great Thinkers

Income Tax : The new tax law addresses long-standing concerns over complexity by reducing provisions and simplifying language. It introduces st...

April 29, 2026 879 Views 0 comment Print

Justice Deferred, Freedom Denied: A Critique of Preventive Detention Systems

Income Tax : Preventive detention laws allow incarceration without trial based on suspicion, raising serious concerns about violation of person...

April 29, 2026 159 Views 0 comment Print

TDS Non-Deduction Rules Tightened Due to Data Analytics Monitoring

Income Tax : The case highlights how the new framework enforces stricter compliance using data analytics. It underscores that incorrect declara...

April 29, 2026 540 Views 0 comment Print


Latest News


Salient Features of Income Tax Act 2025

Income Tax : The issue was complexity in the existing tax law. It was clarified that the new Act simplifies structure by reducing sections and ...

April 29, 2026 4437 Views 0 comment Print

CBDT Refutes Allegations of Tax Raid, Terms Claims Baseless; Complaint Filed with Election Commission & Police

Income Tax : The tax department clarified that no search or restriction was carried out against the individual. It termed the allegations basel...

April 21, 2026 381 Views 0 comment Print

CAAS Moves Supreme Court on ITAT Vacancies

Income Tax : The issue concerns massive backlog in ITAT caused by unfilled positions and delayed appointments. The intervention highlights that...

April 18, 2026 324 Views 0 comment Print

Massive Tax Irregularities Found Due to Improper Deductions by Banks & NBFCs: CAG

Income Tax : The audit found widespread incorrect claims of deductions for bad debts and reserves. It highlights the need for stricter verifica...

April 6, 2026 3453 Views 0 comment Print

Free Live Webinar: Decoding the New Income Tax Act, 2025

Income Tax : This webinar breaks down the major structural and conceptual changes introduced in the new Income Tax Act, 2025. It helps professi...

April 5, 2026 8064 Views 0 comment Print


Latest Judiciary


Channel owners cannot be taken as comparables for distributors for transfer pricing purpose

Income Tax : ITAT Delhi held that companies owning and operating channels cannot be compared with distribution company for the purpose of trans...

April 30, 2026 69 Views 0 comment Print

ITAT Deletes PF/ESI Disallowance as Section 143(1) Adjustment Held Beyond Scope

Income Tax : The Tribunal examined disallowance made for delayed employee contributions under Section 143(1). It held that debatable issues can...

April 30, 2026 135 Views 0 comment Print

ITAT Quashes Section 271(1)(c Penalty as Unsigned SCN Held Void in Law

Income Tax : The issue involved validity of penalty proceedings initiated through an unsigned notice. The Tribunal ruled that such a notice is ...

April 30, 2026 210 Views 0 comment Print

Section 11 Exemption Allowed as Property in Trustees’ Names Held Not Beneficial to Them

Income Tax : The case examined whether property registered in trustees’ names violated Section 13(1)(c). The Tribunal held no violation as no...

April 30, 2026 111 Views 0 comment Print

TDS Default Not Applicable as Section 197 Certificate Covers Entire Assessment Year

Income Tax : The case examined whether a lower TDS certificate applies prospectively or for the full year. The Court held it applies to the ent...

April 30, 2026 156 Views 0 comment Print


Latest Notifications


Mandatory PAN Requirement Introduced for Post Office Transactions Under Income Tax Rules 2026

Income Tax : The consolidation into Form 121 introduces stricter documentation and reporting obligations. The decision emphasizes accountabilit...

April 29, 2026 276 Views 0 comment Print

Income Tax Notification Corrected Due to Technical Errors in Rules & References

Income Tax : A corrigendum fixes multiple drafting and referencing mistakes in income tax rules. The update ensures clarity without altering su...

April 17, 2026 954 Views 0 comment Print

Transition from Form 15G/15H to Consolidated Form 121 for TDS-exempted Incomes

Income Tax : The new tax regime introduces Form 121 as a single declaration replacing Forms 15G and 15H. It simplifies TDS exemption compliance...

April 15, 2026 3267 Views 0 comment Print

Corrigendum to Notification of Income tax return Form U

Income Tax : CBDT clarified the presentation of error categories in Form U. The update ensures clearer reporting of incorrect income heads and ...

April 11, 2026 564 Views 0 comment Print

Corrigendum to Notification of Income tax return Form 7 (ITR 7)

Income Tax : The corrigendum corrects technical errors in multiple ITR schedules, including CG and CYLA. It ensures accurate reporting and smoo...

April 11, 2026 216 Views 0 comment Print


Notification No. S.O.76 – Income Tax Dated 23/12/1983

December 23, 1983 351 Views 0 comment Print

Notification No- S.O.76 – 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 Arulmighu Dhandayuthapaniswamy Thirukoil, Palani for the purpose of the said section for the period covered by the assessment years 1983-84 to 1987-88

Notification No. S.O.75 – Income Tax Dated 23/12/1983

December 23, 1983 354 Views 0 comment Print

Notification No- S.O.75 – 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 Sri Agneeswarar Temple, Tamil Nadu, for the purpose of the said section for the period covered by the assessment years 1979-80 to 1983-84

Notification No. S.O.259 – Income Tax Dated 23/12/1983

December 23, 1983 441 Views 0 comment Print

Notification No- S.O.259 – Income Tax In pursuance of sub-clause (ii) of clause (a) of sub-section (1) of section 138 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the Karnataka State Vigilance Commission, Bangalore, or any officer specifically authorised by the commission in this behalf for the purposes of the said sub-clause

Notification No. S.O.175 – Income Tax Dated 23/12/1983

December 23, 1983 336 Views 0 comment Print

Notification No- S.O.175 – 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 Jhargram Leprosy Project, Calcutta for the purpose of the said section for the period covered by the assessment years 1981-82 and 1982-83

Notification No. S.O.174 – Income Tax Dated 23/12/1983

December 23, 1983 372 Views 0 comment Print

Notification No- S.O.174 – 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 Maharashtra State Council for Child Welfare for the purpose of the said section for the period covered by the assessment years 1983-84 to 1985-86

Notification No. S.O.173 – Income Tax Dated 23/12/1983

December 23, 1983 453 Views 0 comment Print

Central Government notifies Sanjivani Trust, Bombay, under the Income-tax Act for tax exemptions applicable from 1983-84 to 1985-86.

Notification No. S.O.172 – Income Tax Dated 23/12/1983

December 23, 1983 378 Views 0 comment Print

Notification No- S.O.172 – 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 Shri Santram Maharaj Mandir, Nadiad, for the purpose of the said section for the period covered by the assessment years 1982-83 to 1984-85

Notification No. S.O.171- Income Tax Dated 23/12/1983

December 23, 1983 372 Views 0 comment Print

Notification No- S.O.171- 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 Indian National Theatre, Bombay, for the purpose of the said section for the period covered by the assessment years 1981-82 to 1983-84

Notification No. S.O.163 – Income Tax Dated 19/12/1983

December 19, 1983 327 Views 0 comment Print

Notification No- S.O.163 – Income Tax It is hereby notified for general information that the following scientific research programme has been approved for the period specified below for the purposes of sub-section (2A) of section 35 of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, by the Secretary, Department of Science & Technology, New Delhi

Circular No. 373 -Income Tax dated 14-12-1983

December 14, 1983 561 Views 0 comment Print

Circular : No. 373 -Income Tax . The Board have been receiving representations from various associations/ unions/chambers/industries, etc., for amendment of rule 68 of the Income-tax Rules, 1962 which govern the rules regarding house building advances from the Provident Fund accounts of the employees. Rule 68/69 has since been amended vide Board’s Notification No. SO 789, dated 1-11-1983 which is being circulated

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