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Latest Articles


Can Section 148A Reassessment Be Based Solely on Red-Flagged Information?

Income Tax : Ahmedabad ITAT quashed reassessment where the Assessing Officer relied on red-flagged information without independent inquiry unde...

July 14, 2026 2176 Views 0 comment Print

Charitable Trust Exemptions under Income-tax Act, 2025 (TY 2026-27)

Income Tax : Explains the RNPO exemption framework under the Income-tax Act, 2025, covering Application, Deemed Application, Accumulation and t...

July 14, 2026 2915 Views 0 comment Print

Income Tax for Freelancers in India: A Simple Guide

Income Tax : Learn the taxability of freelance income, deductions, Section 44ADA, advance tax, book-keeping and ITR compliance under the Income...

July 13, 2026 786 Views 1 comment Print

Foreign Financial Information in AIS: Tax Compliance for Residents

Income Tax : CBDT has enabled display of foreign financial information in AIS under the AEOI framework, supporting reconciliation while existin...

July 13, 2026 381 Views 0 comment Print

Seven Common ITR Filing Mistakes That May Trigger Income Tax Notices

Income Tax : The article explains seven common ITR filing mistakes, including AIS mismatches, TDS errors and wrong ITR forms, and highlights re...

July 13, 2026 1272 Views 0 comment Print


Latest News


Section 2(47)(v) Capital Gains Deleted as Section 53A Conditions Not Satisfied: ITAT Bangalore

Income Tax : ITAT Bangalore held Section 2(47)(v) inapplicable as the JDA did not satisfy Section 53A conditions, deleting capital gains for AY...

July 11, 2026 264 Views 0 comment Print

ICAI Issues Exposure Draft on Revised Section 44AB Tax Audit Guidance Note

Income Tax : ICAI has invited public comments on the Exposure Draft revising the Guidance Note on Tax Audit under Section 44AB by 25th July, 20...

July 10, 2026 3738 Views 0 comment Print

Request to Enable Section 270AA Immunity Applications for Misreporting Cases

Income Tax : A representation seeks activation of Form 68 filing for misreporting cases after the Finance Act, 2026 expanded immunity under Sec...

July 8, 2026 474 Views 0 comment Print

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 330 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 6337 Views 0 comment Print


Latest Judiciary


Section 69A Addition Reduced from ₹2.26 Crore to ₹5 Lakh as Cash Deposits Explained: ITAT Delhi

Income Tax : ITAT Delhi reduced the Section 69A addition to ₹5 lakh, holding the cash deposits were substantially supported by withdrawals an...

July 14, 2026 300 Views 0 comment Print

CIT(A) Can’t Reject Time-Barred Appeal Without Hearing on Condonation: ITAT Delhi

Income Tax : ITAT Delhi condoned delay under Section 249(3) and remanded the appeals after finding breach of natural justice in dismissal witho...

July 14, 2026 99 Views 0 comment Print

Section 148 Notice Quashed as Escaped Income Below Section 149(1)(b) Threshold: Calcutta HC

Income Tax : Calcutta HC quashed the Section 148 notice and Section 148A(3) order, holding the alleged escaped income was below the ₹50 lakh ...

July 14, 2026 120 Views 0 comment Print

No Section 68 Addition Merely Due to Changed Trading Pattern in Demonetisation: ITAT Lucknow

Income Tax : ITAT Lucknow upheld deletion of a Section 68 addition, finding cash deposits explained by books, stock records, sales and VAT retu...

July 14, 2026 87 Views 0 comment Print

Section 148A Order Quashed for Ignoring Assessee’s Reply: Calcutta HC

Income Tax : The Calcutta High Court considered a writ petition challenging the order dated 30.06.2025 passed under Section 148A(3) of the Inco...

July 14, 2026 99 Views 0 comment Print


Latest Notifications


CBDT Notifies Baddi Barotiwala Nalagarh Development Authority for Section 10(46) Exemption

Income Tax : CBDT Notification No. 83/2026 grants Section 10(46) exemption to Baddi Barotiwala Nalagarh Development Authority for AYs 2024-25 t...

July 14, 2026 69 Views 0 comment Print

CBDT Notifies Section 10(46) Exemption for Baddi Barotiwala Nalagarh Development Authority: Notification No. 82/2026

Income Tax : CBDT Notification No. 82/2026 grants Section 10(46) exemption to Baddi Barotiwala Nalagarh Development Authority, subject to speci...

July 14, 2026 79 Views 0 comment Print

CBDT Specifies Maharashtra Authority for Income Tax Information Sharing

Income Tax : CBDT Notification No. 81/2026 specifies Maharashtra's Principal Secretary for income-tax information sharing under Section 258 for...

July 11, 2026 153 Views 0 comment Print

No TDS on Specified Payments to Eligible IFSC Units: CBDT

Income Tax : CBDT Notification No. 80/2026 exempts specified payments to eligible IFSC Units from TDS, subject to conditions and Form No. 1(N)....

July 11, 2026 408 Views 0 comment Print

CBDT Authorises Upload of AEOI Information in Form 168 Under AIS

Income Tax : CBDT authorises DGIT (Systems) to upload AEOI information in Annual Information Statement Form 168 under section 239 and Rule 245(...

July 9, 2026 804 Views 0 comment Print


Notification: S.O.2247 Date of Issue: 29/6/1967

June 29, 1967 595 Views 0 comment Print

Notification: S.O.2247 Birla Planetarium and Astronomical Research Centre, Calcutta It is hereby notified for general information that the institution mentioned below has been approved by the Council of Scientific and Industrial Research

Notification No. S.O.2249 Date of Issue: 26/6/1967

June 26, 1967 568 Views 0 comment Print

In exercise of the powers conferred by section 126 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby deletes Serial Nos. 2B and 49 and the entries thereagainst from the Schedule annexed to its Notification S.R.O. 1214 (No. 44 Income-tax), dated the 1st July, 1952

Notification No. S.O.2007 Date of Issue: 6/6/1967

June 6, 1967 565 Views 0 comment Print

In exercise of the powers conferred by sub-section (3) of section 104 of the Income-tax Act, 1961 (43 of 1961), the Central Government being of opinion that it is necessary and ex

Notification No. S.O.1951 Date of Issue: 31/5/1967

May 31, 1967 1096 Views 0 comment Print

In the notification of the Central Board of Direct Taxes No. S.O. 598, dated 13th February, 1967, published on pages 447 to 454 in Part II — Section 3 — Sub-section (ii) of the Gazette of India, Extraordinary, dated the 15th February, 1967 —

Notification: S.O.1949 Date of Issue: 29/5/1967

May 29, 1967 670 Views 0 comment Print

Notification: S.O.1949 This notification contains amendments to Income-tax Rules carried out on 29th May, 1967 not reproduced here as it is already contained in the body of the rules itself

Notification: S.O. 1741 Date of Issue: 8/5/1967

May 8, 1967 427 Views 0 comment Print

In exercise of the powers conferred by sub-section (6) of section 88 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Mogileswara Swamy Temple Trustee Board, Mogili, Andhra Pradesh, to be a place of public worship of renown throughout the Andhra Pradesh for the purpose of the said section

Notification: S.O.1740 Date of Issue: 28/4/1967

April 28, 1967 442 Views 0 comment Print

In exercise of the powers conferred by sub-section (6) of section 88 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Shri Parthasarathy Swamy Devasthanam, Triplicane, Madras, to be of historic importance and also as a place of public worship of renown throughout the State of Madras

Notification: S.O.1739 Date of Issue: 28/4/1967

April 28, 1967 463 Views 0 comment Print

In exercise of the powers conferred by sub-section (6) of section 88 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Shri Purshotamaperumal Temple, Nangoor, Madras, to be a place of worship of renown throughout the State of Madras

Notification: S.O.1562 Date of Issue: 22/4/1967

April 22, 1967 451 Views 0 comment Print

In exercise of the powers conferred by sub-section 23 of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies “Polo” as one of the games for the purposes of the said section

Notification: S.O.1469 Date of Issue: 15/4/1967

April 15, 1967 535 Views 0 comment Print

In exercise of the powers conferred by sub-section 126 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby deletes Serial Nos. 46, 47, 48, 50 and 51 and the entries thereagainst from the Schedule annexed to its Notification S.R.O. 1211 (No. 44-Income-tax), dated the 1st July, 1952

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