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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


I Sold Listed Shares & Made INR 3 Lakh Profit – How Is LTCG Taxed Now?

Income Tax : Learn how the increased Rs. 1.25 lakh exemption and 12.5% LTCG tax rate apply to listed shares and equity mutual funds. The guide ...

June 19, 2026 1503 Views 0 comment Print

FAQs on Income Tax e-Verification Scheme 2021

Income Tax : The Income Tax Department explains how the e-Verification Scheme addresses mismatches between reported financial transactions and ...

June 19, 2026 11769 Views 0 comment Print

Can Capital Gains Exemption Be Claimed If House Is Bought in Spouse’s/Family Members Name?

Income Tax : This article examines conflicting judicial views on whether capital gains exemption is available when a new residential house is p...

June 18, 2026 549 Views 0 comment Print

Section 43B(h): MSME Payment Clause Every Business Must Understand

Income Tax : This guide explains how Section 43B(h) defers tax deductions where payments to Micro and Small Enterprises remain unpaid beyond th...

June 18, 2026 324 Views 0 comment Print

Income Tax Department: Double Standards

Income Tax : The case highlights denial of TDS credit after an incorrect TAN was reported in the income tax return, even though the correct TDS...

June 18, 2026 255 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 102 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 6151 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 276 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 1830 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 3897 Views 1 comment Print


Latest Judiciary


ITAT Deletes Demonetization Cash Deposit Addition as Books & VAT Records Were Accepted

Income Tax : The ITAT Mumbai held that cash deposits during the demonetization period could not be treated as unexplained where the assessee's ...

June 19, 2026 60 Views 0 comment Print

Bangalore ITAT: TDS Credit Cannot Be Denied Merely Because It Was Omitted in Original Return

Income Tax : ITAT Bangalore held that TDS credit cannot be denied merely because it was omitted in the original income tax return. The Tribunal...

June 19, 2026 45 Views 0 comment Print

Assessment on Amalgamated Bank’s Predecessor Held Void; ITAT Quashes Order Passed in Name of Non-Existent Syndicate Bank

Income Tax : ITAT Bangalore held that an assessment order passed in the name of an amalgamated bank after it had ceased to exist is void ab ini...

June 19, 2026 72 Views 0 comment Print

Belated Return Filed in Response to Section 148 Cannot Revive Section 80P Deduction: Bangalore ITAT

Income Tax : The Tribunal ruled that filing a return in response to Section 148 does not cure the failure to file the original return within th...

June 19, 2026 78 Views 0 comment Print

Section 154 Cannot Be Used to Make Fresh Disallowance of Asset Write-Off Claim: Bangalore ITAT

Income Tax : ITAT Bangalore held that Section 154 cannot be invoked to make a fresh disallowance of an asset write-off claim that was never exa...

June 19, 2026 60 Views 0 comment Print


Latest Notifications


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 49122 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 747 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 591 Views 0 comment Print

CBDT Approves National Institute of Advanced Studies as Scientific Research Institution  

Income Tax : CBDT has granted scientific research approval under the Income-tax Act, 2025, enabling eligible donations to qualify for tax benef...

May 30, 2026 228 Views 0 comment Print

CBDT Approves S. Nijalingappa Sugar Institute for Scientific Research Tax Benefit Eligibility 

Income Tax : CBDT has granted scientific research approval under the Income-tax Act, 2025, allowing eligible donations to qualify for tax benef...

May 30, 2026 183 Views 0 comment Print


Notification No. S.O.2470-Income Tax Dated: 24/3/1982

March 24, 1982 468 Views 0 comment Print

Notification No. S.O.2470-Income Tax It is hereby notified for general information that the following scientific research programme has been approved for the period specified below for the purposes of sub-section (2A) of section 35 of the Income-tax Act, 1961, by the Indian Council of Medical Research, New Delhi.

Notification No. S.O.1744-Income Tax Dated: 23/3/1982

March 23, 1982 396 Views 0 comment Print

Notification No. S.O.1744-Income Tax It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Medical Research, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6(ii) of the Income-tax Rules, 1962, under the category of “Scientific Research Association” in the field of medical research subject to the following conditions

Notification No. S.O.1743-Income Tax Dated: 23/3/1982

March 23, 1982 441 Views 0 comment Print

Notification No. S.O.1743-Income Tax It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Medical Research, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6(ii) of the Income-tax Rules, 1962

Notification No. S.O.1742-Income Tax Dated: 23/3/1982

March 23, 1982 360 Views 0 comment Print

Notification No. S.O.1742-Income Tax It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Medical Research, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6(ii) of the Income-tax Rules, 1962

Notification No. S.O.1741-Income Tax Dated: 23/3/1982

March 23, 1982 318 Views 0 comment Print

Notification No. S.O.1741-Income Tax It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Medical Research, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6

Notification No. S.O.1576-Income Tax Dated: 23/3/1982

March 23, 1982 327 Views 0 comment Print

Notification No. S.O.1576-Income Tax It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Medical Research, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6(ii) of the Income-tax Rules, 1962

Circular No. 331-Income Tax dated 22-3-1982

March 22, 1982 1308 Views 0 comment Print

Circular No. 331-Income Tax Section 89(1) authorises grant of relief in a case where an employee receives salary in arrears or in advance or has received in any financial year salary for more than twelve months, a payment which under the provisions of section 17(3)(ii) is a profit in lieu of salary.

Notification: S.O.1811-Income Tax Dated: 12/3/1982

March 12, 1982 369 Views 0 comment Print

Notification: S.O.1811-Income Tax In exercise of the powers conferred by sub-section (2)(b) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Thirukameswar Temple, Villianur, Pondicherry State to be a place of public worship of renown throughout the State of Pondicherry.

Notification No. S.O.1740-Income Tax Dated: 12/3/1982

March 12, 1982 444 Views 0 comment Print

Notification No. S.O.1740-Income Tax It is hereby notified for general information that the institution mentioned below has been approved by the Department of Science & Technology, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962

Notification No. S.O.1746-Income Tax Dated: 11/3/1982

March 11, 1982 375 Views 0 comment Print

Notification No. S.O.1746-Income Tax In exercise of the powers conferred by clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Pirojshah Godrej Foundation, for the purpose of the said section for the period covered by the assessment years 1979-80 to 1981-82.

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