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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 240 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 1359 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 4767 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 1926 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 195588 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 1770 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


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 66 Views 0 comment Print

Madras HC Upholds Section 80IA Deduction as Audit Report Filed Before Assessment Completion

Income Tax : The Court held that, for assessment year 2009-10, filing the audit report along with the return was directory and not mandatory. D...

June 16, 2026 117 Views 0 comment Print

ITAT Cancels Section 263 Revision as Issue Was Already Pending Before CIT(A)

Income Tax : The Chennai ITAT held that the Pr. CIT could not invoke Section 263 on matters already under consideration before the appellate au...

June 16, 2026 108 Views 0 comment Print

ITAT Deletes Section 69B Addition as Excess Stock Was Recorded as Business Income

Income Tax : The Chennai ITAT held that excess stock found during a survey could not be taxed as unexplained investment when it had been accoun...

June 16, 2026 123 Views 0 comment Print

ITAT Denies Section 80GGC Deduction as Political Party Denied Reciept of Donation

Income Tax : The Tribunal upheld the disallowance of a ₹10 lakh deduction after the recipient political party informed the tax authorities th...

June 16, 2026 114 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 48648 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 558 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.184-Income Tax Dated 11/1/1984

January 11, 1984 492 Views 0 comment Print

Notification No. S.O.184-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 Agri-Horticultural Society, Madras, for the purpose of the said section for the period covered by the assessment years 1982-83 and 1983-84.

Circular No. 376 – Income Tax dated 6-1-1984

January 6, 1984 663 Views 0 comment Print

Circular No. 376 – Income Tax F.No. 200/108/77-IT(AI) provided the clarification that the value of the provision of ordinary medical facilities by an employer to an employee or his family free of charge or reimbursement of such medical expenses to the employee after they are incurred by him is not to be included in the total income of the employee,

Notification No. S.O.166-Income Tax Dated 5/1/1984

January 5, 1984 444 Views 0 comment Print

Notification No. S.O.166-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 and Technology, New Delhi.

Circular No. 375 – Income Tax dated 2-1-1984

January 2, 1984 582 Views 0 comment Print

Circular No. 375 – Income Tax Circular No. 246 [F. No. 178/37/77-IT(A-I)], dated 20-9-1978 [Clarification 2] laid down certain guidelines for the purpose of grant of deduction in the case of totally blind or physically handicapped resident persons under section 80U.

Notification No. S.O.557 – Income Tax Dated 31/12/1983

December 31, 1983 360 Views 0 comment Print

Notification No- S.O.557 – Income Tax It is hereby notified for general information that the approval granted under clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, to the institution mentioned below, vide Ministry of Finance (Department of Revenue) Notification No. 4582 (F. No. 203/193/80-ITA. II), dated 23-4-1982, is hereby withdrawn with effect from 26th December, 1981

Notification No. S.O.2370 – Income Tax Dated 31/12/1983

December 31, 1983 432 Views 0 comment Print

Notification No- S.O.2370 – Income Tax In continuation of this office Notification No. 4949 (F. No. 203/211/81-ITA-II), dated 14-10-82 it is hereby notified for general information that the institution mentioned below has been approved by the Department of Science and Technology, New Delhi, the prescribed authority for the purposes of clause (iii) of sub-section (1) of

Notification No. S.O.183 – Income Tax Dated 30/12/1983

December 30, 1983 421 Views 0 comment Print

Notification No- S.O.183 – 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 Sree Narayana Dharma Sangham Trust, Varkala, Kerala, for the purpose of the said section for the period covered by the assessment years 1980-81 to 1983-84

Notification No. S.O.182 – Income Tax Dated 30/12/1983

December 30, 1983 441 Views 0 comment Print

Notification No- S.O.182 – 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 Venkatesa Devasthan, Bombay, for the purpose of the said section for the period covered by the assessment years 1983-84 to 1985-86

Notification No. S.O.181- Income Tax Dated 30/12/1983

December 30, 1983 420 Views 0 comment Print

Notification No- S.O.181- 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 Jesuit Madurai Province Society, Dindigul, for the purpose of the said section for the period covered by the assessment years 1981-82 to 1983-84

Notification No. S.O.180 – Income Tax Dated 30/12/1983

December 30, 1983 591 Views 0 comment Print

Notification No- S.O.180 – 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 M/s. Sundaram Charities, for the purpose of the said section for the period covered by the assessment years 1983-84 to 1985-86

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