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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 153 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 1068 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 1932 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


Summary of Cicular on Pradhan Mantri Garib Kalyan Yojna, 2016

January 11, 2017 2935 Views 0 comment Print

The CBDT vide Circular No.43 of 2016 dated 27.12.2016 issued explanatory notes on provisions of the taxation and investment regime for Pradhan Mantri Garib Kalyan Yojna, 2016 as contained in Chapter IX-A of the Finance Act, 2016. The summary of the same is given below.

Post Assessment– Revision u/s 263/264 Proceedings module of ITBA

January 11, 2017 2905 Views 0 comment Print

Relevant users will need their individual name based department email IDs and RSA tokens. The username and passwords will be communicated on their respective email ID. The log in to the system will be through the username and password (sent on individual email ID) along with the RSA token over the Taxnet nodes. Users are advised to contact their respective RCC Admin for name based department email ID.

Depreciation on Assets held under lease in the nature of Purchase

January 11, 2017 7180 Views 0 comment Print

Whether the assessee is entitled to depreciation under Section 32 of the Income Tax Act even when the assessee was not the owner of the property in question and was in possession thereof as a lessee during the year under consideration?

IRS (Income Tax) officers seek MoS Dr Jitendra Singh’s intervention

January 10, 2017 1627 Views 0 comment Print

A delegation of Indian Revenue Service/IRS (Income Tax) officers of 2008 batch called on the Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh here today. The delegation sought Dr Jitendra Singh’s intervention for their promotion.

Direct Tax Collections up to December, 2016 show Growth of 12.01 %

January 10, 2017 826 Views 0 comment Print

The figures for Direct Tax collections up to December, 2016 show that revenue net of refunds is Rs. 5.53 lakh crore which is 12.01% more than the net collections for the corresponding period last year. This collection is 65.3% of the total Budget Estimates of Direct Taxes for Financial Year 20 16-17.

Income Tax Dept receives Award for e-filing of Income Tax Returns project

January 10, 2017 1585 Views 0 comment Print

The Income Tax Department as been conferred Silver Award in National Awards on e-Governance-2016-17 for e‑filing of Income Tax returns and other forms project in category Incremental Innovations in existing projects.

New design of PAN card with effect from January 1, 2017

January 10, 2017 231613 Views 53 comments Print

All TEN-FCs & PAN Centres are hereby informed that the Income Tax Department (ETD) has prescribed certain changes in the existing design of the PAN Card_ Accordingly. with effect from January 1, 21:117, PAN cards are being printed as per the new design specifications approved by ITD.

CBDT notifies Protocol between India and Cyprus

January 10, 2017 1057 Views 0 comment Print

Protocol between India and Cyprus for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income

Direct & Indirect Tax collection for April-Dec. 2016 shows positive trend

January 9, 2017 2479 Views 0 comment Print

Tax collection figures for the period April -December 2016 show a positive trend as Direct Taxes grow by 12.01% and Indirect Taxes grow by 25% over the corresponding period last year i.e. April-December 2015 Direct Tax and Indirect tax collection figures for the period April 2016 to December 2016 have shown a positive trend as […]

Launch of Income Tax Business Application- TPO Proceedings Module

January 9, 2017 11755 Views 0 comment Print

Training material including user manual, help content and FAQs are available on the TPO Proceedings Module Home Page and on ITBA Portal In Online Training on ITBA.

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