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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


Can Updated Return Be Filed After Notice Under Sections 143(2), 148A or 148?

Income Tax : The article explains how the Finance Acts, 2025 and 2026 have reshaped the Updated Return regime under Section 139(8A). It highlig...

June 27, 2026 138 Views 0 comment Print

SC Sends JAO vs Faceless Reassessment Dispute Back to High Courts

Income Tax : The Supreme Court has remitted reassessment cases for fresh consideration after the retrospective insertion of Section 147A, leavi...

June 27, 2026 99 Views 0 comment Print

25 Practical Errors Found During ITR Filing that every Taxpayer should avoid

Income Tax : Learn the most frequent errors taxpayers make while filing Income Tax Returns for AY 2026-27 and how avoiding them can prevent not...

June 27, 2026 1038 Views 0 comment Print

Section 87A Rebate Anomaly Leaves Higher Earners With Lower Take-Home Pay

Income Tax : The article explains how the interaction of Section 87A, marginal relief, and Health & Education Cess can leave taxpayers earning ...

June 27, 2026 99 Views 0 comment Print

FAQs on Authority for Advance Ruling/Board for Advance Rulings

Income Tax : Learn who can apply for an advance ruling, applicable fees, withdrawal rules, and its binding effect under the Income-tax Act. The...

June 27, 2026 17103 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 249 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 6232 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 303 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 1929 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 4002 Views 1 comment Print


Latest Judiciary


Madras HC Upholds Income Tax Search as Section 132 Challenge Failed

Income Tax : The Court rejected the challenge to the search conducted under Section 132 and upheld the legality of the search proceedings. It, ...

June 27, 2026 63 Views 0 comment Print

ITAT Quashes Reassessment as ITO Lacked Jurisdiction Under CBDT Instruction No. 1/2011

Income Tax : The Tribunal held that the reassessment was invalid because the Income Tax Officer lacked pecuniary jurisdiction where the returne...

June 27, 2026 75 Views 0 comment Print

ITAT Quashes Assessment as Jurisdictional AO Did Not Issue Section 143(2) Notice

Income Tax : The Tribunal held that the assessment was invalid because the Assessing Officer having jurisdiction failed to issue the mandatory ...

June 27, 2026 84 Views 0 comment Print

ITAT Kolkata Quashes Reassessment as ACIT Lacked Pecuniary Jurisdiction

Income Tax : The ITAT Kolkata held that the reassessment was invalid because the ACIT lacked pecuniary jurisdiction and completed the assessmen...

June 27, 2026 60 Views 0 comment Print

Assessment Invalid Where Non-Jurisdictional AO Issued Section 143(2) Notice: ITAT Kolkata

Income Tax : The ITAT Kolkata held that the assessments were invalid because the ACIT was not shown to have jurisdiction under CBDT Instruction...

June 27, 2026 57 Views 0 comment Print


Latest Notifications


CBDT Grants Five-Year Scientific Research Recognition to Public Health Foundation

Income Tax : CBDT has approved a scientific research institution under the Income-tax Act, 2025 for tax years 2026-27 to 2030-31. The notificat...

June 27, 2026 159 Views 0 comment Print

CBDT Approved University of Hyderabad for Scientific Research Tax Benefits

Income Tax : CBDT has approved the University of Hyderabad for scientific research under Section 45 of the Income-tax Act, 2025. The approval i...

June 27, 2026 96 Views 0 comment Print

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 50604 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 903 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 711 Views 0 comment Print


Income Tax Business Application- GPF Module in HMS

March 21, 2017 1152 Views 0 comment Print

General Provident Fund (GPF) is a scheme designed to benefit the employees. In CPT a small portion of the employee’s salary is deducted and deposited with the government GPF office and at the time of retirement it is paid as a lump sum to help the employee lead his life peacefully in spite of retirement and loss of monthly income.

Time Barring Scrutiny cases pending to be uploaded on AST System

March 21, 2017 1260 Views 0 comment Print

Time limit for uploading of manually passed orders on the AST system was extended by 60 days i.e. upto 01.03.2017. Even now it is seen that a large number of cases where Notice u/s 143(2) has been issued but Scrutiny order is yet to be uploaded in the AST system.

Income Tax Business Application: Training Management Module

March 21, 2017 11082 Views 0 comment Print

Training Management Module is part of the ITBA HRMS Application. It is being designed to support the full range of training activities associated with employee and the administrators involved in the training process

Notification No. 05/2017-Income Tax, Dated: 21.03.2017

March 21, 2017 2013 Views 0 comment Print

Central Government, on the recommendation of the National Committee for Promotion of Social and Economic Welfare, hereby notifies the institutions approved by the said National Committee

Order No. 41 of 2017: Transfer and posting in CIT grade

March 21, 2017 5853 Views 0 comment Print

Postings/ transfers in the grade of Commissioner of Income Tax of 8 CITs posted at delhi are, hereby, ordered with immediate effect and until further orders:-

Procedure to apply TAN through SPICe Form No. INC-32

March 21, 2017 3942 Views 0 comment Print

Notification explains Procedure of TAN application through Simplified Profoma for Incorporating Company Electronically (SPICe) (Form No. INC-32) of Ministry of Corporate Affairs.

U. S. Taxation: Student Aid and other scholarships: Taxation aspects

March 21, 2017 1515 Views 0 comment Print

The first part deals extensively the grants, scholarships, loans or other assistance available for students who are American citizens or Green card holders who want to pursue their education either for under graduation or higher education like Master programs.

CBDT warns officials on airing of views on official matters via Press

March 20, 2017 1140 Views 0 comment Print

It has been observed that some Government servants have been unauthorisedly communicating with the Press either in their own name or in pseudonymous names. Instructions have been issued from time to time restraining all Government servants from communicating with the Press unauthorisedly but it is observed that the provisions of the Conduct Rules are not being followed in letter and spirit.

Direct and Indirect tax updates for 1st March to 15th March 2017

March 20, 2017 4884 Views 0 comment Print

Application for allotment of Permanent Account Number(PAN) will be filed in SPICe (INC-32) form using Digital Signature of the applicant as specified by the Ministry of Corporate Affairs. After generation of Corporate Identity Number (CIN). MCA will forward data in form 49A to prescribed Income Tax Authority through digital signature.

Committee on officials who are either absconding or on unauthorized leave

March 20, 2017 990 Views 0 comment Print

A Committee is being constituted to carry out a one time count of all the officers working in the Income tax organization and identify such of those Group A officers as are presently on unauthorized leave or are absconding. The Committee will comprise the following officers

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