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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


Income Tax Rule 46(8): Mandatory Daily Backup of Electronic Books of Accounts

Income Tax : Rule 46(8) mandates daily backups of electronic books on servers located in India, strengthening digital tax compliance and data i...

June 29, 2026 204 Views 0 comment Print

What every Salaried person must know before 31st July!

Income Tax : CBDT allows eligible salaried taxpayers with LTCG up to ₹1.25 lakh under section 112A to file ITR-1, simplifying return filing f...

June 29, 2026 2217 Views 0 comment Print

Comprehensive 10-Year Income Tax Rates Chart

Income Tax : Explore income-tax rates applicable over the last ten assessment years for individuals, companies, firms, LLPs, HUFs, and co-opera...

June 29, 2026 6654 Views 0 comment Print

Income Tax Provisions applicable to business entities

Income Tax : Learn how business and professional income is computed under the Income-tax Act after the Finance Act, 2026. This guide explains t...

June 29, 2026 3102 Views 0 comment Print

Time limit for issuing different income-tax notices & completion of assessment

Income Tax : Understand the statutory time limits for issuing income-tax notices and completing assessments under the Income-tax Act. The guide...

June 29, 2026 41256 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 261 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 6241 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 315 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 1953 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 4017 Views 1 comment Print


Latest Judiciary


Delayed Form 10B Filing Not a Ground to Reject Section 11 Exemption: ITAT Jaipur

Income Tax : ITAT Jaipur held that exemption under Section 11 cannot be denied merely because Form 10B was filed late when it was already avail...

June 29, 2026 60 Views 0 comment Print

Bombay HC Admits AMP & Doctors’ Payment Issues as They Raise Substantial Questions of Law

Income Tax : Bombay HC admitted the Revenue's appeal on AMP expenditure and payments to doctors, holding both require judicial examination. It ...

June 29, 2026 48 Views 0 comment Print

Agricultural Land Taxable as Capital Asset as It Fell Within Statutory Distance from Municipality

Income Tax : ITAT held that agricultural land within the prescribed municipal distance is a capital asset and restricted the on-money addition ...

June 29, 2026 114 Views 0 comment Print

NCLAT Allows Joint Compounding Applications as Companies Act Has No Express Bar

Income Tax : NCLAT held that a single application covering multiple years and company officers is maintainable in the absence of any statutory ...

June 29, 2026 60 Views 0 comment Print

ITAT Grants Section 87A Rebate on Special Rate STCG Tax as Total Income Qualified

Income Tax : ITAT held that Section 87A rebate cannot be denied on tax payable under Section 111A where the assessee qualifies under the prescr...

June 29, 2026 216 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 243 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 123 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 50841 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 918 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 726 Views 0 comment Print


Notification No.137/2011 – Income Tax Dated 27/12/2011

December 27, 2011 514 Views 0 comment Print

NC Notification No.137/2011 – Income Tax Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 2033(E), dated 6th August, 2009, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 4, “Sevalaya Primary School Building Project” by Sevalaya, Sevalaya

Notification No.136/2011 – Income Tax Dated 27/12/2011

December 27, 2011 574 Views 0 comment Print

NC Notification No.136/2011 – Income Tax Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 737(E), dated 13th March, 2009, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 9, “Sevalaya old age home project” by Sevalaya, Sevalaya Campus

Notification No.135/2011 – Income Tax Dated 27/12/2011

December 27, 2011 394 Views 0 comment Print

NC Notification No.135/2011 – Income Tax Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 2370(E), dated 3rd October, 2008, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 33, “Tribal Development” by Seva Mandal Meghraj, AT & PO

Notification No.134/2011 – Income Tax Dated 27/12/2011

December 27, 2011 475 Views 0 comment Print

NC Notification No.134/2011 – Income Tax Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O.862(E), dated the 12th December, 1997, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 2, “Running of Polio Hospital, Rehabilitation and Research

Notification No.133/2011 – Income Tax Dated 27/12/2011

December 27, 2011 505 Views 0 comment Print

NC Notification No.133/2011 – Income Tax Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O.497(E), dated the 26th May, 2000, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 7, “Expansion Project – purchase of equipments for increasing

Notification No.132/2011 – Income Tax Dated 27/12/2011

December 27, 2011 547 Views 0 comment Print

NC Notification No.132/2011 – Income Tax Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 4396(E), dated 12th November, 2008, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 3, “Brahmrishi Doodhadhari Burfani International Medical

Notification No.131/2011 – Income Tax Dated 27/12/2011

December 27, 2011 424 Views 0 comment Print

NC Notification No.131/2011 – Income Tax Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.O. 19(E), dated the 7th January, 2004, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 11, “Free Eye surgeries and running of hospital” by Medical

Notification No.130/2011 – Income Tax Dated 27/12/2011

December 27, 2011 514 Views 0 comment Print

NC Notification No.130/2011 – Income Tax Whereas by notification of the Government of India, in the Ministry of Finance (Department of Revenue) number S.0.121(E), dated the 12th January, 2009, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had notified at serial number 4, “Natural Resource Management-Model Watershed

Notification No.129/2011 – Income Tax Dated 27/12/2011

December 27, 2011 595 Views 0 comment Print

NC Notification No.129/2011 – Income Tax Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), number S.O.901(E), dated the 20th September, 2001, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961, the Central Government had notified at serial number 3, “Construction of Building, Purchase of Library Books, Office and Sports equipments, Mobile aids and appliances, learning materials, furnishing and running of activities for rehabilitation of persons with

Notification No.128/2011 – Income Tax Dated 27/12/2011

December 27, 2011 541 Views 0 comment Print

NC Notification No.128/2011 – Income Tax Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue), number S.O.193(E), dated the 14th March, 1996, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 12, “Land development, construction, equipments, furnishing and running of Sri Sathya Sai Heart Hospital at Rajkot, Gujarat”, by Prashanti Medical Services and Research Foundation, 206, Trade

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