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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


Lower & Nil Withholding Under Income Tax Act 2025: Section 395 Certificate & Section 393(6) Declaration

Income Tax : The Income-tax Act, 2025 replaces old TDS/TCS provisions with Section 395 and Form 128 while retaining the existing mechanism for ...

July 2, 2026 519 Views 0 comment Print

Assessment Order Quashed as Same-Day Hearing Violated Natural Justice

Income Tax : The Calcutta High Court quashed a Section 143(3) assessment after finding that the assessee was denied a meaningful opportunity of...

July 2, 2026 75 Views 0 comment Print

CBDT CS 04 Scrutiny Guidelines 2026-27: Trust Registration, 12AB, ITR-7 & Form 10BD

Income Tax : CS 04 scrutiny examines whether trusts and NGOs validly claimed exemption in ITR-7 despite registration, approval, renewal, cancel...

July 1, 2026 228 Views 0 comment Print

Tax Benefits Guide for Salaried Employees for AY 2026-27

Income Tax : This guide explains the exemptions, deductions, allowances, perquisites, and retirement benefits available to salaried taxpayers f...

July 1, 2026 565371 Views 47 comments Print

Complete TDS Rate Chart for AY 2026-27 After Finance Act 2026

Income Tax : This guide consolidates the latest TDS rates applicable to residents, non-residents, companies, and firms under the Income-tax Act...

July 1, 2026 1287 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 282 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 6271 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 327 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 1998 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 4047 Views 1 comment Print


Latest Judiciary


TP Addition Deleted as Management Support Services Proved Genuine

Income Tax : The ITAT Pune held that detailed agreements, invoices and supporting records established that management support services were act...

July 1, 2026 489 Views 0 comment Print

Income Tax Assessment Set Aside as SCN Reply Was Not Properly Considered

Income Tax : Calcutta High Court quashed the assessment, demand and penalty proceedings after holding that the assessee was denied a meaningful...

July 1, 2026 195 Views 0 comment Print

ITAT Delhi Excludes TPO Comparables for Functional Dissimilarity

Income Tax : ITAT excluded EDCIL, Just Dial, Info Edge and India Exposition Mart as transfer pricing comparables due to functional differences ...

July 1, 2026 96 Views 0 comment Print

Interest on Government Grant Not Taxable as It Forms Part of Grant Corpus Under MOU: ITAT Ahmedabad

Income Tax : ITAT held interest on government grant funds was not taxable as the MOU required it to be added to the project corpus....

July 1, 2026 75 Views 0 comment Print

Writ Seeking Tax Evasion Investigation Dismissed as No Case for Mandamus Was Made Out

Income Tax : The Chhattisgarh High Court declined to direct the Income Tax Department to investigate alleged tax evasion after noting that the ...

July 1, 2026 81 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 285 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 138 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 51114 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 966 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 765 Views 0 comment Print


Notification No. S.O.2249-Income Tax, Dated: 01.07.1987

July 1, 1987 403 Views 0 comment Print

That the said Institute will submit to the prescribed authority by 30th June, each year, a copy of their audited annual accounts showing their total income and expenditure and balance-sheet showing its assets and liabilities with a copy of each of these documents to the Central Board of Direct Taxes, New Delhi, and the concerned Commissioner of Income-tax.

Notification No. S.O.2731-Income Tax, Dated: 01.07.1987

July 1, 1987 424 Views 0 comment Print

That the said Institute will furnish annual returns of its scientific research activities to the prescribed authority for every financial year in such forms as may be laid down and intimated to them for this purpose by 31st May, each year.

Notification No. S.O.2732-Income Tax, Dated: 01.07.1987

July 1, 1987 340 Views 0 comment Print

That the said Association will apply to the Central Board of Direct Taxes, Ministry of Finance (Department of Revenue), New Delhi, three months in advance before the expiry of the approval for further extension. Applications received after the date of expiry of approval are liable to be rejected.

Notification No. S.O.3331-Income Tax, Dated: 01.07.1987

July 1, 1987 607 Views 0 comment Print

That the said Association will apply to the Central Board of Direct Taxes, Ministry of Finance (Department of Revenue), New Delhi, three months in advance before the expiry of the approval for further extension. Applications received after the date of expiry of approval are liable to be rejected.

Notification No.S.O.2582 – Income Tax Dated 30/6/1987

June 30, 1987 552 Views 0 comment Print

Notification No.S.O.2582 – Income Tax In exercise of the powers conferred by sub-clause (ii) of clause (a) of sub-section (1) of 138 of Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies for the purposes of the said sub-clause every officer of or above the rank of Superintendent of Police of Madya Pradesh Special Police Establishment attached to the Office of Lokayukt, Madhya Pradesh, is

Notification No. S.O.181-Income Tax, Dated: 30.06.1987

June 30, 1987 367 Views 0 comment Print

In exercise of the powers conferred by clause (ii) of sub-section (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies 3 Years–9 per cent. IDBI Capital Bonds issued by the Industrial Development Bank of India for the purpose of the said clause.

Notification No. S.O.2238-Income Tax, Dated: 30.06.1987

June 30, 1987 391 Views 0 comment Print

That the said Institution will apply to the Central Board of Direct Taxes, Ministry of Finance (Department of Revenue), New Delhi, three months in advance before the expiry of the approval for further extension. Applications received after the date of expiry of approval are liable to be rejected.

Notification No. S.O.2239-Income Tax, Dated: 30.06.1987

June 30, 1987 343 Views 0 comment Print

That the said Institute will apply to the Central Board of Direct Taxes, Ministry of Finance (Department of Revenue), New Delhi, three months in advance before the expiry of the approval for further extension. Applications received after the date of expiry of approval are liable to be rejected.

Notification No. S.O.2240-Income Tax, Dated: 30.06.1987

June 30, 1987 376 Views 0 comment Print

That the said Institute will furnish annual returns of its scientific research activities to the prescribed authority for every financial year in such forms as may be laid down and intimated to them for this purpose by 31st May, each year.

Notification No. S.O.2242-Income Tax, Dated: 30.06.1987

June 30, 1987 397 Views 0 comment Print

That the said Institute will apply to the Central Board of Direct Taxes, Ministry of Finance (Department of Revenue), New Delhi, three months in advance before the expiry of the approval for further extension. Applications received after the date of expiry of approval are liable to be rejected.

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