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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


Requirement to File Income-tax Return (ITR) for FY 2025–26 (AY 2026–27)

Income Tax : ITR filing may be compulsory even below the exemption limit if specified high-value transactions or prescribed conditions under Se...

July 2, 2026 144 Views 0 comment Print

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 1134 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 111 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 270 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 565470 Views 47 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 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 2013 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


Section 87A Applies to Total Income Including STCG Under Section 111A: ITAT Mumbai

Income Tax : ITAT Mumbai ruled that the amended first proviso to Section 87A refers to total income and does not distinguish between normal inc...

July 2, 2026 24 Views 0 comment Print

Section 87A Rebate Available Despite LTCG at Special Rates: ITAT Chennai

Income Tax : ITAT Chennai held that inclusion of taxable long-term capital gains in total income does not disentitle an assessee from claiming ...

July 2, 2026 39 Views 0 comment Print

Section 87A Rebate Allowed on STCG Due to Absence of Statutory Restriction: ITAT Rajkot

Income Tax : ITAT Rajkot held that Section 87A does not expressly prohibit rebate on tax payable on short-term capital gains under Section 111A...

July 2, 2026 36 Views 0 comment Print

ITAT Allows Section 87A Rebate as Section 111A Contains No Express Restriction

Income Tax : ITAT Agra held that neither Section 87A nor Section 111A expressly prohibits rebate on tax payable on short-term capital gains for...

July 2, 2026 42 Views 0 comment Print

GP Estimation Based Solely on Subsequent Years’ GP Rate Not Justified: ITAT Allahabad

Income Tax : ITAT Allahabad held that estimating gross profit solely on the basis of the subsequent years GP rate is not justified after reject...

July 2, 2026 45 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 141 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 51126 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 768 Views 0 comment Print


Notification No. S.O.3394-Income Tax, Dated: 07.08.1986

August 7, 1986 370 Views 0 comment Print

That the said University 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.3641-Income Tax Dated 6/8/1986

August 6, 1986 405 Views 0 comment Print

Notification No. S.O.3641-Income Tax 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 the following debentures for the purposes of the said clause, namely

Notification No. S.O.3391-Income Tax, Dated: 05.08.1986

August 5, 1986 325 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.3392-Income Tax, Dated: 05.08.1986

August 5, 1986 418 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.3390-Income Tax, Dated: 04.08.1986

August 4, 1986 325 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 30th April, each year.

Notification No. S.O.3595-Income Tax, Dated: 04.08.1986

August 4, 1986 316 Views 0 comment Print

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 “Palayam Sri Maha Ganapathy Temple, Palayam, Trivandrum” to be a place of public worship of renown throughout the State of Kerala.

Notification No.S.O.3594-Income Tax, Dated: 04.08.1986

August 4, 1986 382 Views 0 comment Print

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 “Sree Lakshmi Narasimha Navaneetha Krishna Temple at Nanganallur, Madras” to be a place of public worship of renown throughout the State of Tamil Nadu.

Notification No. S.O.3596-Income Tax, Dated: 04.08.1986

August 4, 1986 427 Views 0 comment Print

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 “All India Federation of Scheduled Castes, Tribes, Backward and Minorities Employees Welfare Association (Regd.)” for the purpose of the said clause for the assessment years 1985-86 to 1987-88.

Notification No. S.O.3640-Income Tax, Dated: 04.08.1986

August 4, 1986 379 Views 0 comment Print

In exercise of the powers conferred by sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies “The Diocese of Mangalore”, for the purpose of the said clause for the assessment years 1985-86 to 1987-88.

Notification No. S.O.3389-Income Tax, Dated: 04.08.1986

August 4, 1986 415 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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