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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 54 Views 0 comment Print

Tax Deduction/Collection Account Number (TAN)

Income Tax : Learn what TAN is, who must obtain it, how to apply, and where it must be quoted under the Income-tax Act. The guide also explains...

June 25, 2026 308267 Views 23 comments 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 1274264 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 1011 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 2805 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 225 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 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 54 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 57 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 72 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 969 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 66 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 49992 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 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.728-Income Tax, Dated: 25.02.1980

February 25, 1980 355 Views 0 comment Print

In exercise of the powers conferred by sub-section (5) of section 252 of the Income-tax Act, 1961, the President, Income-tax Appellate Tribunal, hereby delegates further powers to the Vice President, as under, with effect from 1-3-1980.

Notification No. S.O.520-Income Tax, Dated: 19.02.1980

February 19, 1980 448 Views 0 comment Print

Nothing contained in this notification shall apply to a case where the income from debentures, together with the income from salary, exceeds the minimum taxable limit.

Notification No. S.O.1288-Income Tax, Dated: 19.02.1980

February 19, 1980 442 Views 0 comment Print

That the institute will maintain a separate account of the sums received by it for scientific research in the field of medical research.

Notification No. S.O.917-Income Tax, Dated: 14.02.1980

February 14, 1980 712 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 Shri Venkatesa Perumal Koil and Sri Kailasanathaswami Koil, Varagur-613101, Thanjavur District, Tamil Nadu, to be places of public worship of renown throughout the State of Tamil Nadu for the purposes of the said section.

Circular No. 264-Income Tax dated 11-2-1980

February 11, 1980 606 Views 0 comment Print

Circular No. 264-Income Tax This Ministry has had an occasion to consider the question of the deduction of tax at source under section 194B from prizes awarded to lottery agents in what are popularly known as “lucky dip draws”.

Notification No. S.O.1286-Income Tax, Dated: 08.02.1980

February 8, 1980 367 Views 0 comment Print

That the Lions Cancer Detection Centre Trust 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.1287-Income Tax, Dated: 08.02.1980

February 8, 1980 361 Views 0 comment Print

That the Institute will furnish a copy of the annual audited statement of accounts to the Council for each year by 31st May, each year, and in addition send a copy of it to the concerned Income-tax Commissioner.

Notification No. S.O.1009-1-Income Tax, Dated: 07.02.1980

February 7, 1980 367 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.1010-1-Income Tax, Dated: 07.02.1980

February 7, 1980 433 Views 0 comment Print

In continuation of this Department’s Notification No. 2219 (F. No. 203/27/78-ITA. II) dated 15th March, 1978, it is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Medical Research, the prescribed authority for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961.

Notification No. S.O.1285-Income Tax, Dated: 07.02.1980

February 7, 1980 400 Views 0 comment Print

That the Society will furnish the 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.

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