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Income Tax : Smt. Ranjana Kumari/Kalta Vs DCIT/ACIT (Central) (ITAT Chandigarh) The appeals involved three assessees belonging to the Kalta Gro...
Income Tax : The guide compiles the principal Income-tax Act provisions applicable to non-residents establishing business in India and resident...
Income Tax : CBDT has identified six categories of returns for compulsory scrutiny during FY 2026-27. Selection triggers detailed examination b...
Income Tax : Tax on dividends, interest, royalties and FTS earned by non-residents is governed by the more beneficial rate under the Income-tax...
Income Tax : The applicable withholding tax depends on the Income-tax Act or the relevant DTAA, whichever is more beneficial. Treaty rates diff...
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...
Income Tax : The CBI apprehended an Income Tax Office Superintendent in Odisha after he was allegedly caught accepting a bribe for deleting a d...
Income Tax : The Income Tax Appellate Tribunal has proposed a priority disposal mechanism for appeals filed up to and including 2022 in respons...
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...
Income Tax : Association requested CBDT to rationalize CASS 2026 case selection considering the administrative burden caused by implementation ...
Income Tax : ITAT ruled that a justice-oriented approach should prevail over technical objections. Matter remanded for adjudication on merits....
Income Tax : ITAT ruled that genuine sale proceeds supported by books, bank records and purchaser details cannot be treated as unexplained cash...
Income Tax : ITAT Kolkata held that a loan received by a company that was not a shareholder of the lender could not be taxed as deemed dividend...
Income Tax : ITAT Kolkata held that the CIT(A) wrongly dismissed the appeal as time-barred despite evidence showing it was filed within limitat...
Income Tax : Chhattisgarh High Court upheld ITAT's finding that the reassessment order exceeded the limitation under Section 153 and dismissed ...
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...
Income Tax : CBDT has approved the University of Hyderabad for scientific research under Section 45 of the Income-tax Act, 2025. The approval i...
Income Tax : The CBDT has identified specific categories of taxpayers whose returns will be compulsorily selected for complete scrutiny during ...
Income Tax : The Ordinance exempts interest income and capital gains arising from Government securities for Foreign Institutional Investors and...
Income Tax : The Central Government has specified infrastructure sub-sectors from the Updated Harmonised Master List as eligible businesses und...
In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies People’s Action for Development (Maharashtra), for the purpose of the said sub-clause for the assessment year 1988-89.
In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Ramkrishna Ashram, Nimpith, West Bengal, for the purpose of the said sub-clause for the assessment year 1988-89.
In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies The Little Sisters of the Poor, Calcutta, for the purpose of the said sub-clause for the assessment year 1988-89.
Circular : No. 511-Income Tax The Finance Act, 1987 introduced a new section 80CCA to provide for deduction in respect of investments made under the National Savings Scheme, 1987. Corresponding amendment was made in the Wealth-tax Act to provide for exemption from wealth-tax in respect of deposits made under this Scheme.
In exercise of the powers conferred by sub-clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Sri Souriraja Perumal Temple, Thirukkannapuram, Nannilam Taluk, Tanjore Dist., to be a place of public worship of renown throughout the State of Tamil Nadu for the purposes of the said section on the condition that the temple will maintain separate books of accouns for this purpose and that the donations received will be utilised exclusively for the renovation of the temple.
In exercise of the powers conferred by clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Sri Subramanya Swamy Temple, Ulsoor, Bangalore to be a place of public worship of renown throughout the State of Karnataka for the purpose of the said section on the condition that the temple will maintain separate books of accounts for this purpose and the donations received will be utilised exclusively for the renovation of the temple
In exercise of the powers conferred by clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Arulmigu Pranava Vyagrapureeswarar Thirukoil, Omampuliyur, Kattumannarkoil Taluk to be a place of public worship of renown throughout the State of Tamil Nadu for the purpose of the said section on the condition that the temple will maintain separate books of accounts for this purpose and the donations received will be utilised exclusively for the renovation of the temple
In exercise of the powers conferred by clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Arulmigu Thillai Amman Koil, Chidambaram to be a place of public worship of renown throughout the State of Tamil Nadu for the purpose of the said section on the condition that the temple will maintain separate books of accounts for this purpose and the donations received will be utilised exclusively for the renovation of the temple.
In exercise of the powers conferred by clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Sri Laxminarsimha Swamy Temple to be a place of public worship of renown throughout the State of Andhra Pradesh for the purpose of the said section on the condition that the donations received will be utilised exclusively for the renovation of the temple and that separate accounts will be maintained for this purpose.
In exercise of the powers conferred by clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Arulmigu Pathanjaleeswarar Devasthanam, Kalnattam Puliyur, Kattumannar Koil Taluk, South Arcot District to be a place of public worship of renown throughout the State of Tamil Nadu for the purpose of the said section on the condition that the temple will maintain separate books of accounts for this purpose and the donations received will be utilised exclusively for the renovation of the temple.
