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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


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 312 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 1274396 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 1560 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 3120 Views 0 comment Print

Tax Benefits Available to Senior Citizens

Income Tax : Learn about the income tax benefits available to resident senior and very senior citizens, including higher exemption limits, dedu...

June 24, 2026 710718 Views 150 comments 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 231 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 6202 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 1890 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 Kolkata Quashes Assessment as JAO Did Not Issue Section 143(2) Notice

Income Tax : The ITAT held that the assessment was invalid because the mandatory notice under Section 143(2) was not issued by the Assessing Of...

June 25, 2026 9 Views 0 comment Print

Reassessment Quashed as ITO Lacked Jurisdiction Under CBDT Instruction

Income Tax : The Tribunal held that the reassessment was invalid because the Income Tax Officer lacked jurisdiction under CBDT Instruction No. ...

June 25, 2026 33 Views 0 comment Print

ITAT Mumbai Upholds Goodwill Depreciation & Section 80G CSR Deduction

Income Tax : The ITAT held that depreciation on goodwill arising from amalgamation could not be disallowed in subsequent years after it had bee...

June 25, 2026 33 Views 0 comment Print

Calcutta HC Quashes Refund Adjustment as Recovery Exceeded 20% of Disputed Demand

Income Tax : The Calcutta High Court held that adjusting admitted refunds to recover more than 20% of disputed tax demand during the pendency o...

June 25, 2026 48 Views 0 comment Print

Calcutta HC Restricts Income Tax Recovery Beyond 20% as Appeal Before CIT(A) Was Pending

Income Tax : The Calcutta High Court held that recovery exceeding 20% of the disputed tax demand during the pendency of an appeal before the CI...

June 25, 2026 36 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 50025 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 879 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 675 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.1746-Income Tax, Dated: 06.01.1988

January 6, 1988 250 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 Indian Ex-services League for the purpose of the said sub-clause for the assessment years 1988-89.

Notification No. S.O.1748-Income Tax, Dated: 06.01.1988

January 6, 1988 322 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 Bharat Sevashram Sangha, Calcutta for the purpose of the said sub-clause for the assessment years 1985-86 to 1988-89.

Notification No. S.O.1969-2-Income Tax, Dated: 30.12.1987

December 30, 1987 358 Views 0 comment Print

That the said Association 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.1136(E)-Income Tax, Dated: 30.12.1987

December 30, 1987 529 Views 0 comment Print

This notification contains Amendment to Income-tax (Ninth Amendment) Rules, 1987 carried out on 30th December, 1987 not reproduced here as it is already contained in the body of the Rules itself.

Notification No. S.O.1316-Income Tax, Dated: 23.12.1987

December 23, 1987 349 Views 0 comment Print

Institution Gujarat Research Society, Sanshodhan Sadan, Ramakrishna Mission Marg, 16, Khan Road, Bombay-400 052. This Notification is effective for a period from 1-1-1987 to 31-3-1988.

Notification No. S.O.2115-Income Tax, Dated: 23.12.1987

December 23, 1987 409 Views 0 comment Print

That the said Institution 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.131-Income Tax, Dated: 17.12.1987

December 17, 1987 349 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 World Wildlife Fund-India, Bombay for the purpose of the said clause for the assessment year 1988-89.

Notification No. S.O.1313-Income Tax, Dated: 16.12.1987

December 16, 1987 394 Views 0 comment Print

That the said Institution 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.1312-Income Tax, Dated: 15.12.1987

December 15, 1987 382 Views 0 comment Print

That the said Institution will submit to the prescribed authority by 30th June, each year, a copy of their audited annual accounts showing their total income and expenditure and balance-sheet showing its assets and liabilities with a copy of each of these documents to the Central Board of Direct Taxes, New Delhi, and the concerned Commissioner of Income-tax.

Notification No.S.O.1083(E) – Income Tax Dated 14/12/1987

December 14, 1987 540 Views 0 comment Print

Notification No.S.O.1083(E) – Income Tax In pursuance of clause (b) of Explanation to section 72A of the Income-tax Act, 1961 (43 of 1961), and in partial modification of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. S. O. 710(E), dated 11th October, 1977, the Central Government hereby specifies the Board for Industrial and Financial Reconstruction, established under

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