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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


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 849 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 2637 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 710682 Views 150 comments Print

FAQs on Assessments under Income-tax Law

Income Tax : Learn how different types of income tax assessments are conducted under the Income-tax Act. The FAQs explain assessment procedures...

June 24, 2026 93756 Views 7 comments Print

Taxation of Capital Gain in India – FAQs

Income Tax : This guide explains the taxation of capital gains, computation methods, capital assets, and transfer provisions under the Income-t...

June 24, 2026 495838 Views 165 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 222 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 288 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 3972 Views 1 comment Print


Latest Judiciary


ITAT Delhi Quashes Assessment as It Was Passed on Non-Existent Company

Income Tax : ITAT Delhi held that an assessment framed after an approved merger in the name of the amalgamating company was without jurisdictio...

June 25, 2026 15 Views 0 comment Print

ESOP Discount Allowed as Karnataka HC Precedent Covered Issue: ITAT Mumbai

Income Tax : ITAT Mumbai allowed deduction of ESOP expenses under Section 37(1) by following Karnataka High Court's ruling in Biocon Ltd. Tribu...

June 25, 2026 18 Views 0 comment Print

No Income Addition Based on Form 26AS as Books Showed Higher Revenue: ITAT Pune

Income Tax : The ITAT Pune upheld the deletion of an addition made by extrapolating a small unreconciled difference in Form 26AS to the entire ...

June 25, 2026 33 Views 0 comment Print

Mere WhatsApp Chats Cannot Justify Year-Wide Production Addition: ITAT Ahmedabad

Income Tax : ITAT Ahmedabad held that WhatsApp chats indicating suppressed production for one month could not be extrapolated to the entire fin...

June 25, 2026 504 Views 0 comment Print

ITAT Remands Assessment as AO Rejected Mandatory Section 50C(2) DVO Reference

Income Tax : ITAT Kolkata held that the Assessing Officer was required to refer the property valuation to the DVO when the assessee disputed th...

June 25, 2026 42 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 49968 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 672 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 249 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.1651-Income Tax, Dated: 20.03.1980

March 20, 1980 424 Views 0 comment Print

The All India Heart Foundation, New Delhi, has been approved under section 35(1)(ii) of the Income-tax Act, vide Ministry of Finance, Department of Revenue, Notification No. 1873 (F. No. 203/87/77-ITA-II), dated the 16th July, 1977.

Notification No. S.O.1521-Income Tax, Dated: 19.03.1980

March 19, 1980 382 Views 0 comment Print

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 Narasimha Swamy Temple, Urukunda” for the purpose of the said section for the assessment year(s) 1972-73 to 1980-81.

Notification: S.O.1491-Income Tax, Dated: 19.03.1980

March 19, 1980 553 Views 0 comment Print

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 Mahanandeeswara Devasthanam, Mahanandi, for the purpose of the said section for the assessment year(s) 1973-74 to 1980-81.

Notification No. S.O.84-Income Tax, Dated: 19.03.1980

March 19, 1980 436 Views 0 comment Print

In exercise of the powers conferred by sub-section (2)(b) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Gurudwara Shri Hemkunt Sahib, Chamoli, Uttar Pradesh, to be a place of public worship of renown throughout the State of Uttar Pradesh for the purposes of the said section.

Notification No. S.O.1413-Income Tax, Dated: 12.03.1980

March 12, 1980 631 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 Jhargram Leprosy Project for the purpose of the said section for the assessment year(s) 1980-80 and 1980-81.

Notification No. S.O.1414-Income Tax, Dated: 12.03.1980

March 12, 1980 322 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 Army Welfare Housing Organisation for the purpose of the said section for the assessment year(s) 1980-80 and 1980-81.

Notification No. S.O.1415-Income Tax, Dated: 12.03.1980

March 12, 1980 331 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 Indian Parliamentary Group for the purpose of the said section from the assessment year 1962-63 to the assessment year 1980-81.

Notification No. S.O.1295-Income Tax, Dated: 07.03.1980

March 7, 1980 331 Views 0 comment Print

That the institute will furnish annual returns of its scientific research activities to the Council for each year by 31st May, each year, at the latest in such form as may be laid down and intimated to them for this purpose.

Notification No. S.O.1296-Income Tax, Dated: 07.03.1980

March 7, 1980 457 Views 0 comment Print

Name of the Scientific Development of alumina carrier research programme : and platinum alumina catalyst. Name of the sponsor : Indian Petrochemicals Corpn. Ltd., Baroda. Implementing laboratory : Regional Research Laboratory, Bhuvaneshwar. Proposed date of commencement : 24-8-1980.

Notification No. S.O.1297-Income Tax, Dated: 07.03.1980

March 7, 1980 391 Views 0 comment Print

That the M. I. E. R. shall send annual statement of accounts and annual report to the I. C. S. S. R. as well as to the concerned Commissioner of Income-tax, showing the funds collected by them under the exemption and the manner in which the funds were utilized.

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