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Latest Articles


Six Compulsory Income Tax Scrutiny Categories Every Taxpayer Should Know

Income Tax : The article clarifies that the CBDT's 4 June 2026 instruction governs six categories of compulsory manual scrutiny and is distinct...

June 25, 2026 459 Views 0 comment Print

Why Your Indian Subsidiary Abroad Might Be Triggering Tax Residency You Never Signed Up For?

Income Tax : The article explains how India's Place of Effective Management (POEM) rules may treat a foreign company as an Indian tax resident ...

June 25, 2026 102 Views 0 comment Print

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 468 Views 0 comment 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 1274588 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 5775 Views 8 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 237 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 6214 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 1905 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 3984 Views 1 comment Print


Latest Judiciary


Bangalore ITAT Deletes ₹10 Lakh Addition Caused by DRP’s Typographical Error- AO Cannot Sustain Addition Contrary to DRP’s Intent

Income Tax : The Tribunal ruled that a clerical mistake in the DRP's order could not justify sustaining a ₹10 lakh addition. It held that the...

June 26, 2026 30 Views 0 comment Print

ITAT Quashes Reassessment of Section 80GGC Political Donation Claim Due to Limitation

Income Tax : The ITAT Mumbai held that reassessment proceedings initiated on the basis of information arising from a search in the case of a th...

June 25, 2026 156 Views 0 comment Print

CSR Disallowance Under Section 37 Does Not Bar Relief Under Section 80G- Bangalore ITAT

Income Tax : The Tribunal ruled that although CSR expenditure is not allowable under Section 37, eligible donations made to recognised institut...

June 25, 2026 108 Views 0 comment Print

No Section 271D Penalty if AO Not Recorded Satisfaction: ITAT Delhi

Income Tax : The Tribunal held that penalty under Section 271D could not be levied because the Assessing Officer failed to record satisfaction ...

June 25, 2026 120 Views 0 comment Print

ITAT Deletes Sections 271D and 271E Penalties as Assessment Order Lacked Satisfaction

Income Tax : The Tribunal held that penalties under Sections 271D and 271E could not be sustained because the Assessing Officer failed to recor...

June 25, 2026 84 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 50103 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 885 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 687 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 252 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 225 Views 0 comment Print


Depreciation on JCB cannot be disallowed merely for Delay in Registration

September 14, 2018 2457 Views 0 comment Print

Shri.Ram Karan Yadav Vs ITO (ITAT Jaipur) There is no dispute that the assessee has purchased the JCB machine vide Invoice dated 3rd June, 2011 and delivery was taken on 6th June, 2011. However, the registration of JCB with the RTO was done on 29.08.2011. We further note that in the registration charges, the RTO […]

Order no. 151/2018 -Transfer/postings in the grade of Pr. CIT

September 14, 2018 6624 Views 0 comment Print

Office Order No. 151 of 2018- Dated: 14.09.2018 The following Principal Commissioners of Income Tax are hereby transferred and posted as per the table below, with immediate effect and until further orders:

CBDT Notifies State Load Despatch Centre Unscheduled Interchange Fund for exemption U/s. 10(46)

September 14, 2018 765 Views 0 comment Print

S.O. 4867(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, the State Load Despatch Centre Unscheduled Interchange Fund- West Bengal State Electricity Transmission Company Limited (PAN AAIAS0980J), a trust constituted under the Electricity Act, 2003 (36 of 2003) in respect of the following specified income arising to that trust

CBDT Notifies ‘Tamil Nadu Water Supply and Drainage Board’ for exemption U/s. 10(46)

September 14, 2018 1863 Views 0 comment Print

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 52/2018-Income Tax New Delhi, the 14th September, 2018 S.O. 4866(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, ‘Tamil […]

CBDT Notifies ‘Jharkhand State Electricity Regulatory Commission’ for exemption U/s. 10(46)

September 14, 2018 549 Views 0 comment Print

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 51/2018-Income Tax New Delhi, the 14th September, 2018 S.O. 4865(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, […]

CBDT Notifies ‘West Bengal State Council of Science & Technology’ for exemption U/s. 10(46)

September 14, 2018 942 Views 1 comment Print

S.O. 4864(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, West Bengal State Council of Science & Technology, Kolkata, a society constituted by the Government of West Bengal, in respect of the following specified income arising to that Society

CBDT Notifies ‘Tripura Electricity Regulatory Commission’ for exemption U/s. 10(46)

September 14, 2018 546 Views 0 comment Print

S.O. 4863(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, Tripura Electricity Regulatory Commission, a commission constituted by the State Government of Tripura, in respect of the following specified income arising to the said Commission

CBDT Notifies ‘Gujarat Water Supply and Sewerage Board’ for exemption U/s. 10(46)

September 14, 2018 1734 Views 0 comment Print

S.O. 4862 (E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, Gujarat Water Supply and Sewerage Board, Gandhinagar, a Board constituted by Government of Gujarat, in respect of the following specified income arising to that board

CBDT Notifies ‘Kandla Special Economic Zone Authority’ for exemption U/s. 10(46)

September 14, 2018 1281 Views 0 comment Print

S.O. 4861(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, Kandla Special Economic Zone Authority, Kutch, an authority constituted by the Central Government, respect of the following specified income arising to that authority

CBDT Notifies ‘Rajasthan State Dental Council’ for exemption U/s. 10(46)

September 14, 2018 1332 Views 0 comment Print

Central Government hereby notifies for the purposes of the said clause, ‘Rajasthan State Dental Council’, Jaipur, a body constituted by the Government of Rajasthan, in respect of the following specified income arising to that body, namely:—

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