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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


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 564525 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 240 Views 0 comment Print

Income Tax Rate Chart for AY 2026-27 After Finance Act 2026

Income Tax : This guide explains the income-tax rates applicable to individuals, HUFs, companies, firms, co-operative societies, and other taxp...

July 1, 2026 243 Views 0 comment Print

Rates of Depreciation as Per Income Tax Act, 1961

Income Tax : This guide compiles the depreciation rates applicable to buildings, machinery, vehicles, computers, renewable energy assets, ships...

July 1, 2026 2842279 Views 148 comments Print

Income Tax Benefits for Individuals & HUFs for A.Y. 2026-27 (FY 2025-26)

Income Tax : This comprehensive guide summarizes all major tax exemptions, deductions, rebates, TDS reliefs, and procedural benefits available ...

July 1, 2026 333250 Views 32 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 276 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 324 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 1992 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 4035 Views 1 comment Print


Latest Judiciary


Madras HC Sets Aside Faceless Assessments as SCNs & Draft Orders Were Not Issued

Income Tax : Madras High Court held non-issuance of SCN/DAO violated Section 144B, set aside assessments, and ordered fresh proceedings....

July 1, 2026 18 Views 0 comment Print

Calcutta HC Upholds Income Tax Additions as Assessee Failed to Explain Excess Stock & Unrecorded Transactions

Income Tax : Calcutta High Court upheld tax additions after finding the assessee failed to explain excess stock, unaccounted purchases, and und...

July 1, 2026 33 Views 0 comment Print

ITAT Deletes Sections 270A & 271AAB Penalty as Notice Lacked Specific Charge

Income Tax : The Tribunal ruled that a penalty notice lacking a specific allegation of under-reporting, misreporting, or the applicable clause ...

July 1, 2026 45 Views 0 comment Print

ITAT Condones 178-Day Delay in 80G Application Due to Bona Fide Belief, Orders Fresh Review

Income Tax : ITAT condoned the filing delay and remanded the case to the CIT(E) to examine whether the trust satisfies all 80G requirements....

July 1, 2026 57 Views 0 comment Print

ITAT: Procedural Delay Should Not Defeat 80G Registration; Trust May Seek CBDT Condonation

Income Tax : ITAT held Form 10AB was filed beyond the prescribed time but permitted the trust to seek CBDT condonation under Section 119(2)(b) ...

July 1, 2026 48 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 279 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 135 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 51054 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 939 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 741 Views 0 comment Print


Notification No. S.O.2494 – Income Tax Dated 23/4/1985

April 23, 1985 579 Views 0 comment Print

Notification No- S.O.2494 – Income Tax In continuation of this Office Notification No. 5299 (F. No. 203/31/78-ITA.II) dated June 29, 1983, it is hereby notified for general information that the institution mentioned below has been approved by the Department of Science and Technology, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of

Notification No. S.O.2493: Tax Exemption for Lal Chand Agro Research Institute

April 23, 1985 501 Views 0 comment Print

Lal Chand Agro Research Institute, New Delhi, approved for tax exemption under Section 35(1)(ii) from Feb 16, 1985, to Mar 31, 1986.

Tax Exemption for Social Welfare Research Centre (1985)

April 23, 1985 660 Views 0 comment Print

Research and Documentation Centre in Social Welfare, Bombay, approved for tax exemption under Section 35(1)(iii) from Apr 1, 1981, to Mar 31, 1987.

Notification No. S.O.2491- Krishnamurti Foundation Tax Approval Notification

April 23, 1985 576 Views 0 comment Print

The government approves Krishnamurti Foundation India for tax benefits under section 35 of the Income-tax Act, effective April 1982 to December 1985.

Notification No. S.O.2490 – Income Tax dated 23/4/1985

April 23, 1985 483 Views 0 comment Print

Notification No- S.O.2490 – Income Tax It is hereby notified for general information that the institution mentioned below has been approved by the Department of Science and Technology, New Delhi, the prescribed authority for the purposes of clause (iii) of sub-section (1) of section 35 (Thirty-five/one/three) of the Income-tax Act, 1961, read with rule 6 of the

Notification No. S.O.1948 – Income Tax Dated 19/4/1985

April 19, 1985 456 Views 0 comment Print

Notification No- S.O.1948 – Income Tax In continuation of this Office Notification No. 5205 (F. No. 203/62/83-ITA. II) dated May 28, 1983, it is hereby notified for general information that the institution mentioned below has been approved by the Department of Science and Technology, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of

Notification No. S.O.3080 – Income Tax Dated 18/4/1985

April 18, 1985 489 Views 0 comment Print

Notification No- S.O.3080 – Income Tax In exercise of the powers conferred by sub-section (2)(b) of section 80-G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies ” The Arulmigu Arasaleaswarar Temple, Ozundiappattu, Vanur Taluk “, as a place of public worship of renown throughout the State of Tamil Nadu

Notification No. S.O.2866 – Income Tax Dated 18/4/1985

April 18, 1985 564 Views 0 comment Print

Notification No- S.O.2866 – Income Tax 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 ” Sir Hormusji Nowroji Mody (of Hong Kong) and Lady Manekbai Mody Charity Trust “, for the purpose of the said section for the period covered by the assessment year 1984-85

Notification No. S.O.2489 – Income Tax Dated 18/4/1985

April 18, 1985 414 Views 0 comment Print

Notification No- S.O.2489 – Income Tax In continuation of this Office Notification No. 4514 (F. No. 203/295/80-ITA.II) dated March 12, 1982, it is hereby notified for general information that the institution mentioned below has been approved by the Department of Science and Technology, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 (thirty-five/one/two) of the

Circular No. 416-Income Tax dated 11-4-1985

April 11, 1985 543 Views 0 comment Print

Circular No. 416-Income Tax The Board had occasion to consider whether the recognition under section 80G of the Income-tax Act is automatic in the case of a fund or an institution notified by the Central Government under section 10(23C)(iv)/(v). The Board is of the view that this is not so. Recognition for purposes of section 80G is available when the fund or institution satisfies all the five conditions listed under section

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