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Latest Articles


Why Your Indian Subsidiary Abroad Might Be Triggering Tax Residency You Never Signed Up For?

Income Tax : The article explains how India's Place of Effective Management (POEM) rules may treat a foreign company as an Indian tax resident ...

June 25, 2026 69 Views 0 comment Print

Income-tax Act 2025: New TDS and TCS Forms Every Deductor Must Know

Income Tax : From 1 April 2026, TDS and TCS compliance shifts to new form numbers and section references under the Income-tax Act, 2025. Busine...

June 25, 2026 375 Views 0 comment Print

Income Tax audit under section 44AB​: FAQs

Income Tax : Understand who must undergo a tax audit under Section 44AB, the applicable turnover limits, audit forms, filing procedure, due dat...

June 25, 2026 1274486 Views 54 comments Print

Tax Relief up to 12 Lakh in New Tax Regime, Yet ITR Filing is Still Mandatory

Income Tax : Income may become tax-free under the new tax regime because of the standard deduction and Section 87A rebate, but ITR filing may s...

June 24, 2026 2283 Views 8 comments Print

11 Situations Where Filing ITR Is Mandatory for AY 2026-27

Income Tax : This article explains the key situations where filing an Income Tax Return is compulsory, even if income is below the basic exempt...

June 24, 2026 3363 Views 0 comment Print


Latest News


Advance Tax Collections Grow 15.30% due to Higher Corporate Tax Payments

Income Tax : Net direct tax collections for FY 2026-27 grew by 14.64% as of June 17, 2026, driven by higher corporate and non-corporate tax rec...

June 19, 2026 234 Views 0 comment Print

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 6214 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 291 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 1893 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 3978 Views 1 comment Print


Latest Judiciary


ITAT Quashes Reassessment of Section 80GGC Political Donation Claim Due to Limitation

Income Tax : The ITAT Mumbai held that reassessment proceedings initiated on the basis of information arising from a search in the case of a th...

June 25, 2026 108 Views 0 comment Print

CSR Disallowance Under Section 37 Does Not Bar Relief Under Section 80G- Bangalore ITAT

Income Tax : The Tribunal ruled that although CSR expenditure is not allowable under Section 37, eligible donations made to recognised institut...

June 25, 2026 51 Views 0 comment Print

No Section 271D Penalty if AO Not Recorded Satisfaction: ITAT Delhi

Income Tax : The Tribunal held that penalty under Section 271D could not be levied because the Assessing Officer failed to record satisfaction ...

June 25, 2026 81 Views 0 comment Print

ITAT Deletes Sections 271D and 271E Penalties as Assessment Order Lacked Satisfaction

Income Tax : The Tribunal held that penalties under Sections 271D and 271E could not be sustained because the Assessing Officer failed to recor...

June 25, 2026 57 Views 0 comment Print

Section 153C Assessment Upheld as Delay in Handing Over Seized Material Did Not Extend Limitation Illegally

Income Tax : Smt. Pavithra Sugichandran Vs Office of the DCIT (Madras High Court) The Madras High Court considered six writ petitions challengi...

June 25, 2026 45 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 50043 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 885 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 678 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 252 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 213 Views 0 comment Print


Notification No. S.O.1860-Income Tax, Dated: 15.03.1988

March 15, 1988 439 Views 0 comment Print

It is hereby notified for general information that the Institution mentioned below has been approved by the Department of Scientific & Industrial Research, New Delhi, the prescribed authority for the purposes of clause (iii) of sub-section (1) of section 35 (Thirty-five/one/three) of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, under the category “Institution” subject to the following conditions

Notification No. S.O.1769-Income Tax, Dated: 15.03.1988

March 15, 1988 319 Views 0 comment Print

In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sir Ratan Tata Trust, Bombay for the purpose of the said sub-clause for the assessment year 1988-89. [No. 7800/F. No. 197/132/87-IT(A1)

Notification No. S.O.1767-Income Tax, Dated: 09.03.1988

March 9, 1988 343 Views 0 comment Print

In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Birla Education Trust, Pilani for the purpose of the said sub-clause for the assessment years 1985-86 to 1988-89. [No. 7797/F. No. 197A/43/82-IT(A1)

Notification No. S.O.1768-Income Tax, Dated: 09.03.1988

March 9, 1988 346 Views 0 comment Print

In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Bombay Natural History Society for the purpose of the said sub-clause for the assessment years 1985-86 to 1987-88. [No. 7798/F. No. 197/119/87-IT(A1)

Notification No. S.O.1858-Income Tax, Dated: 02.03.1988

March 2, 1988 367 Views 0 comment Print

That the said Association will apply to the Central Board of Direct Taxes, Ministry of Finance (Department of Revenue), New Delhi, 3 months in advance before the expiry of the approval for further extension. Applications received after the date of expiry of approval are liable to be rejected.

Notification No. S.O.1859-Income Tax, Dated: 02.03.1988

March 2, 1988 328 Views 0 comment Print

It is hereby notified for general information that the perpetual approval granted to Saugar University under clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (43 of 1961), vide Ministry of Finance (Department of Revenue), Notification No. 1750 (F. No. 203/57/77-ITA. II), dated 30-4-77.

Notification No. S.O.1979-Income Tax, Dated: 02.03.1988

March 2, 1988 310 Views 0 comment Print

That the said Institution will apply to Central Board of Direct Taxes, Ministry of Finance (Department of Revenue), New Delhi, 3 months in advance before the expiry of the approval for further extension. Applications received after the date of expiry of approval are liable to be rejected.

Notification No. S.O.1980-Income Tax, Dated: 02.03.1988

March 2, 1988 382 Views 0 comment Print

In continuation of this Office Notification No. 6913 (F. No. 203/196/86-ITA. II), dated 12-9-86, it is hereby notified for general information that the Institution mentioned below has been approved by the Department of Scientific & Industrial Research, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 (Thirty-five/one/two) of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, under the category “Association” subject to the following conditions.

Notification No. S.O.1857-Income Tax, Dated: 25.02.1988

February 25, 1988 454 Views 0 comment Print

That the said Institute will apply to the Central Board of Direct Taxes, Ministry of Finance (Department of Revenue), New Delhi, 3 months in advance before the expiry of the approval for further extension. Applications received after the date of expiry of approval are liable to be rejected.

Notification No. S.O.1978-Income Tax, Dated: 25.02.1988

February 25, 1988 379 Views 0 comment Print

It is hereby notified for general information that the approval granted to the Institute of Human Ecosystem, Calcutta, under section 35CCB of the Income-tax Act, 1961, vide Ministry of Finance (Department of Revenue), Notification No. 6608 (F. No. 203/227/85-ITA. II), dated 3-3-1986, is hereby withdrawn with effect from 1-12-1985.

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