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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 2085 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 2820 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 768 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 375 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 1254 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 3729 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 141 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 87 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 99 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 84 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 78 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 75 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 147 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.3646 Date of Issue: 15/11/1966

November 15, 1966 721 Views 0 comment Print

Notification: S.O.3646 The Society for the Care, Treatment and Training of Children in Need of Special Care, Sewri Hills, Bombay has been approved by the Indian Council of Medical Research, the prescribed authority, for the pruposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (43 of 1961).

Notification: S.O.3277 Date of Issue: 13/10/1966

October 13, 1966 661 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 Kaleshwaraswamy Temple, Kaleshwaram (v), Manthani Taluk, Karimnagar District, Andhra Pradesh, to be of historic, archaeological and artistic importance for the purpose of the said section

Shree Meenakshi Mills Ltd. vs Commissioner Of Income-Tax (Supreme Court)

September 20, 1966 12731 Views 0 comment Print

Expenditure incurred to resist in a civil proceeding the enforcement of a measure-legislative or executive, which imposes restrictions on the carrying on of a business or to obtain a declaration that the measure is invalid would.

Notification: S.O.2772 Date of Issue: 15/9/1966

September 15, 1966 634 Views 0 comment Print

In the notification of the Central Board of Direct Taxes No. S.O. 2451, dated the 10th August, 1966, published on pages 1225 to 1229 in Part II, Section 3, Sub-section (ii) of the Gazette of India, Extraordinary, da

Notification: S.O.2451 Date of Issue: 10/8/1966

August 10, 1966 637 Views 0 comment Print

Notification: S.O.2451 This Notification contains Amendment to Income-tax (Second Amendment) Rules, 1966 carried out on 10th August, 1966 not reproduced here as it is already contained in the body of the Rules itself

Circular No. 4-P-Income Tax dated 21/7/1966

July 21, 1966 1422 Views 0 comment Print

Circular No.4-P – Income Tax Individuals, Hindu undivided families, unregistered firms, associations of persons (other than co-operative societies), bodies of individuals and artificial juridical persons – In the case of taxpayers of these categories, the gradation of income slabs and the rates of income-tax applicable thereto are the same as for the assessment year 1965-66, under the Finance Act, 1965. The basis and the rates for the levy of surcharges on the

Notification: S.O.2297 Date of Issue: 19/7/1966

July 19, 1966 655 Views 0 comment Print

the Income-tax Officer, Ward-A, Bulsar, shall have jurisdiction for the purpose of making any assessment for any assessment year prior to the assessment year commencing on the 1st April, 1963, under the Income-tax Act, 1961 (43 of 1961), or the Indian Income-tax Act, 1922 (11 of 1922), in respect of all persons residing or having their p

Notification: S.O.2290 Date of Issue: 14/7/1966

July 14, 1966 541 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 Chandra Choodeswara Swamy Temple, Hosur, Salem District, Madras State, to be of historic, archaeological and artistic importance for the purpose of the said section

Notification: S.O.2289 Date of Issue: 14/7/1966

July 14, 1966 394 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 Shamlaji Temple, Shamlaji Taluka, Bhiloda District, Sabarkantha (Gujarat), to be of historic, archaeological and artistic importance for the purpose of the said section

Notification: S.O.2080 Date of Issue: 11/7/1966

July 11, 1966 564 Views 0 comment Print

This notification contains amendments to Income-tax Rules carried out on 11th July, 1966 not reproduced here as it is already contained in the body of th

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