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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


ITAT Deletes On-Money Addition as Unsigned Agreement & Third-Party Records Lacked Evidence

Income Tax : Smt. Ranjana Kumari/Kalta Vs DCIT/ACIT (Central) (ITAT Chandigarh) The appeals involved three assessees belonging to the Kalta Gro...

June 30, 2026 108 Views 0 comment Print

​International Business- Income Tax Sections to be remembered

Income Tax : The guide compiles the principal Income-tax Act provisions applicable to non-residents establishing business in India and resident...

June 30, 2026 18107 Views 1 comment Print

Compulsory Income Tax Scrutiny Guidelines FY 2026-27: CS01–CS06 Explained

Income Tax : CBDT has identified six categories of returns for compulsory scrutiny during FY 2026-27. Selection triggers detailed examination b...

June 30, 2026 270 Views 0 comment Print

Countrywise Withholding Tax Rates: IT Act vs. Tax Treaties/DTAA

Income Tax : Tax on dividends, interest, royalties and FTS earned by non-residents is governed by the more beneficial rate under the Income-tax...

June 30, 2026 43498 Views 1 comment Print

Countrywise Withholding Tax Rates / Chart as per DTAA

Income Tax : The applicable withholding tax depends on the Income-tax Act or the relevant DTAA, whichever is more beneficial. Treaty rates diff...

June 30, 2026 454265 Views 28 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 267 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 6262 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 318 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 1983 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 4026 Views 1 comment Print


Latest Judiciary


ITAT Quashes Section 143(1) Order for Failure to Issue Mandatory Prior Intimation

Income Tax : ITAT held that CPC could not make adjustments under Section 143(1) without issuing the mandatory prior intimation. The order was q...

June 30, 2026 84 Views 0 comment Print

Search Assessment Notices Quashed as They Fell Beyond Ten-Year Block Period: SC

Income Tax : SC issued notice as Delhi HC quashed Section 153C notices beyond the ten-year block period while clarifying key principles on sear...

June 30, 2026 87 Views 0 comment Print

ITAT Quashes Assessment as Final Order Was Passed Beyond Section 144C(13) Time Limit

Income Tax : ITAT held the assessment time-barred as the AO failed to pass the final order within the mandatory timeline under Section 144C(13)...

June 30, 2026 81 Views 0 comment Print

ITAT Grants Relief on Corporate Guarantee, R&D; Disallows Doctors’ Freebies

Income Tax : Tribunal partly allowed the assessee's appeals by granting relief on transfer pricing, scientific research deduction, product regi...

June 30, 2026 69 Views 0 comment Print

Delhi HC Dismisses Assessment Passed Beyond Section 144C Time Limit

Income Tax : The High Court held that the assessment was time-barred as it was not completed within the mandatory period under Section 144C....

June 30, 2026 114 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 264 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 129 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 50970 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 930 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 735 Views 0 comment Print


Notification No. 263/2002-Income Tax Dated 11/9/2002

September 11, 2002 442 Views 0 comment Print

Notification No. 263-Income Tax Provided that the benefit under the said proviso shall be admissible in the case of transfer of such bonds by endorsement or delivery, only if the transferee informs the Small Industries Development Bank of India by registered post within a period of sixty days of such transfer.

Notification No. 243/2002-Income Tax Dated 10/9/2002

September 10, 2002 637 Views 0 comment Print

Notification No. 243-Income Tax In exercise of the powers conferred by clause (a) of sub-section (1), items (i) and (iii) of clause (b) of sub-section (1) and Explanation to sub-section (5) of section 115AC of the Income-tax Act, 1961 (43 of 1961), the Central Government specifies “the Issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme, 1993” notified vide notification of the Government of India, Ministry of Finance

Notification No. 241/2002-Income Tax Dated 9/9/2002

September 9, 2002 400 Views 0 comment Print

Notification No. 241-Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the 7.85 per cent NHB-Priority Sector Bonds 2001-02 (tax free) of rupees one lakh each carrying an interest of 7.85 per cent per annum for a period of seven years

Notification No. 242/2002-Income Tax Dated 9/9/2002

September 9, 2002 391 Views 0 comment Print

Notification No. 242-Income Tax Provided that the benefit under the said section shall be admissible only if the holder of such bonds registers his/her name and holding with the said Corporation.

Circular No. 8/2002-Income Tax Dated 27-08-2002

August 27, 2002 4603 Views 0 comment Print

Circular No. 8 of 2002-Income Tax The Finance Act, 2002, as passed by Parliament, received the assent of the President on 11th May, 2002, and has been enacted as Act No. 20 of 2002. This circular explains the substance of the provisions of the Act relating to direct taxes.

Circular No. 7/2002-Income Tax Dated 26-8-2002

August 26, 2002 1450 Views 0 comment Print

Circular No. 7 of 2002-Income Tax ‘Infrastructure facility’ as defined in Explanation to sub-clause (c) of clause (i) of sub-section (4) of section 80-IA of the Income-tax Act, 1961, as it stood prior to its substitution by the Finance Act, 2001

Notification No. 224/2002-Income Tax Dated 20/8/2002

August 20, 2002 433 Views 0 comment Print

Notification No. 224-Income Tax In exercise of the powers conferred by clause (23) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the “All India Cricket Association for the Disabled, FPH Building, Lala Lajpatrai Marg, Mumbai” for the purpose of the said clause for the assessment years 1999-2000 to 2001-2002 subject

Notification No. 223/2002-Income Tax Dated 20/8/2002

August 20, 2002 547 Views 0 comment Print

Notification No. 223-Income Tax In exercise of the, powers conferred by clause (23) of section 10 of the Incometax Act, 1961 (43 of 1961), the Central Government hereby notifies the “All India Chess Federation, Calicut” for the purpose of the said clause for the assessment years 1997-98 to 1999-2000

Notification No. 204/2002-Income Tax Dated 12/8/2002

August 12, 2002 385 Views 0 comment Print

Notification No. 204-Income Tax Provided that the benefit under the said section shall be admissible only if the holder of such bonds registers his/her name and the holding with the said Corporation.

Notification No. 205/2002-Income Tax Dated 12/8/2002

August 12, 2002 454 Views 0 comment Print

Notification No. 205-Income Tax Provided that the benefit under the said section shall be admissible only if the holder of such bonds registers his/her name and the holding with the said Corporation.

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