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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


Why RERA & Income Tax Reconciliation Is Crucial for Real Estate Developers

Income Tax : Increasing use of RERA data by tax authorities makes alignment between project disclosures and income tax reporting essential to a...

June 16, 2026 282 Views 0 comment Print

Which Income-Tax Law Applies to Returns Filed After 1st April 2026?

Income Tax : Taxpayers are facing confusion following the introduction of the Income-tax Act, 2025. The key clarification is that income earned...

June 16, 2026 1629 Views 0 comment Print

Presumptive Audit Controversy: Profit Trigger vs Turnover Trigger

Income Tax : The issue concerns whether declaring profits below the presumptive rate automatically triggers tax audit or whether turnover thres...

June 16, 2026 5730 Views 0 comment Print

Don’t Blindly Trust Form 16: One Small Error Can Trigger a Huge Tax Demand

Income Tax : The case demonstrates how an incorrect exemption claim based on Form 16 led to scrutiny and penalty proceedings. The Tribunal ulti...

June 15, 2026 1947 Views 0 comment Print

Advance Tax Provisions, Challan, e-payment Utility & Examples

Income Tax : This article explains the advance tax provisions under the Income-tax Act, including liability thresholds, exemptions, and instalm...

June 15, 2026 195618 Views 14 comments 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 6118 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 267 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 1776 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 3828 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 4005 Views 0 comment Print


Latest Judiciary


ITAT Quashes Reassessment: Approval from PCIT Instead of PCCIT Renders Section 148 Notice Invalid

Income Tax : The Tribunal ruled that reopening proceedings cannot survive where the mandatory sanction under Section 151 is not obtained from t...

June 17, 2026 18 Views 0 comment Print

CSR Donations Eligible for Section 80G Deduction; No Double Disallowance Merely Because They Form Part of CSR Spend

Income Tax : Delhi ITAT held that donations qualifying under Section 80G do not lose eligibility merely because they form part of Corporate Soc...

June 17, 2026 27 Views 0 comment Print

ITAT Restricts Bogus Purchase Addition to 5% Profit Element; Revenue’s Plea for Entire Addition Rejected

Income Tax : The Tribunal ruled that addition of the entire amount of bogus purchases as unexplained expenditure was unwarranted in the facts o...

June 17, 2026 54 Views 0 comment Print

Delhi ITAT Upholds PF/ESI Disallowance in U/s 143(1) Processing; Income-tax Act, 2025 Relief Held Prospective

Income Tax : Delhi ITAT ruled that delayed deposit of employees' PF/ESI contributions attracts disallowance under Section 36(1)(va). The decisi...

June 17, 2026 120 Views 0 comment Print

Section 143(1) Adjustment Can Be Contested in Assessment Appeal When Retained: ITAT Lucknow

Income Tax : The ITAT held that an assessee can contest a Section 143(1) adjustment in an appeal against the assessment order if the adjustment...

June 17, 2026 240 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 48678 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 696 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 561 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 210 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 165 Views 0 comment Print


Notification No. S.O.712-Income Tax Dated 16/2/1984

February 16, 1984 414 Views 0 comment Print

Notification No. S.O.712-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 ” Sir Vithaldas Damodar Thackersey Charitable Trust “, for the purpose of the said section for the period covered by the assessment years 1984-85 to 1986-87

Notification No. S.O.711-Income Tax Dated 16/2/1984

February 16, 1984 351 Views 0 comment Print

Notification No. S.O.711-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 ” Swargashram Trust, Rishikesh “, for the purpose of the said section for the period covered by the assessment years 1984-85 to 1986-87

Notification No. S.O.710-Income Tax Dated 16/2/1984

February 16, 1984 339 Views 0 comment Print

Notification No. S.O.710-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 ” Franciscan Missionaries of Mary, Society No. 14, Nazareth Convent, Ootacamund, Nilgiris “, for the purpose of the said section for the period covered by the assessment years 1981-82 to 1984-85

Notification No. S.O.709-Income Tax Dated 16/2/1984

February 16, 1984 408 Views 0 comment Print

Notification No. S.O.709-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 ” Maharaja Kashiraj Dharmakarya Nidhi “, for the purpose of the said section for the period covered by the assessment years 1982-83 to 1984-85

Notification No. S.O.708-Income Tax Dated 16/2/1984

February 16, 1984 447 Views 0 comment Print

Notification No. S.O.708-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 S.R.V.B.S. Choultry, Peddapuram “, for the purpose of the said section for the period covered by the assessment years 1983-84 to 1984-85

Notification No. S.O.707-Income Tax Dated 16/2/1984

February 16, 1984 423 Views 0 comment Print

Notification No. S.O.707-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 Datta Sansthan Balekundri, Distt. Belgaum “, for the purpose of the said section for the period covered by the assessment years 1983-84 to 1985-86

Notification No. S.O.1747-Income Tax Dated 16/2/1984

February 16, 1984 492 Views 0 comment Print

Notification No. S.O.1747-Income Tax It is hereby notified for general information that the institution mentioned below has been approved by the Department of Science & Technology, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, under the category “University” subject to the following

Notification No. S.O.1746-Income Tax Dated 10/2/1984

February 10, 1984 354 Views 0 comment Print

Notification No. S.O.1746-Income Tax It is hereby notified for general information that the words ” in the area of other natural and applied sciences ” occurring in seventh line of ministry of Finance (Department of Revenue) Notification No. 5412 (F. No. 203/35/83-ITA, II), dated 28-9-1983, are hereby deleted.

Notification No. S.O.620-Income Tax Dated 8/2/1984

February 8, 1984 420 Views 0 comment Print

Notification No. S.O.620-Income Tax This notification contains Corrigendum to Income-tax Act carried out on February 8, 1984 not reproduced here as it is already contained in the body of the Act itself.

Notification No. S.O.619-Income Tax Dated 8/2/1984

February 8, 1984 390 Views 0 comment Print

Notification No. S.O.619-Income Tax In continuation of this Office Notification No. 3748 (F. No. 203/243/80-ITA.II), dated 20-11-83, it is hereby notified for general information that the institution mentioned below has been approved by the Department of Science & Technology, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6

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