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Income Tax : The revised ITR forms for AY 2026-27 introduce new tax slabs, expanded ITR eligibility, and enhanced disclosure requirements. Unde...
Income Tax : The article argues that the daily backup requirement under Rule 46(8) applies only to books maintained in electronic mode, not mer...
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Income Tax : The document outlines how MAT and AMT ensure that companies and eligible non-corporate taxpayers pay a minimum level of income tax...
Income Tax : The CBI apprehended an Income Tax Office Superintendent in Odisha after he was allegedly caught accepting a bribe for deleting a d...
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Income Tax : Association requested CBDT to rationalize CASS 2026 case selection considering the administrative burden caused by implementation ...
Income Tax : KSCAA requested the CBDT to release e-filing utilities and schemas for AY 2026-27 without delay, stating that pending utilities ar...
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Income Tax : ITAT Lucknow held that derivative losses incurred by a spouse using funds gifted by the assessee can be clubbed and set off under ...
Income Tax : While recognising that earlier judgments had invalidated JAO-issued notices, the Court avoided passing orders that would make the ...
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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...
Income Tax : CBDT has granted scientific research approval under the Income-tax Act, 2025, enabling eligible donations to qualify for tax benef...
Income Tax : CBDT has granted scientific research approval under the Income-tax Act, 2025, allowing eligible donations to qualify for tax benef...
Hyderabad Science Society, Hyderabad, stands approved under section 35(1)(ii) of the Income-tax Act, 1961, vide Ministry of Finance, Dept. of Revenue, Notification No. 2933 (F. No. 203/38/79-ITA. II) dated 16-7-1979.
That the trust will furnish an annual audited statement of accounts to the Council for each year by 31st May each year and in addition send a copy of it to the concerned Income-tax Commissioner.
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 Agricultural Research, New Delhi.
This Notification contains Amendment to Income-tax (Fifth Amendment) Rules, 1980 carried out on 24th July, 1980 not reproduced here as it is already contained in the body of the Rules itself
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, read with rule 6(iv) of the Income-tax Rules, 1962, by the Secretary, Department of Science & Technology, New Delhi.
It is hereby notified for general information that the approval given under section 35(1)(ii) of the Income-tax Act, 1961, to the Research Institute of Ancient Scientific Studies, New Delhi, by Notification No. S. O. 605 (F. No. 10(20)/65-ITA-I), with effect from 15th February, 1965, is withdrawn with effect from 25th May, 1980, on the recommendation of the prescribed authority, the Secretary, Department of Science & Technology, New Delhi.
Circular No. 277-Income Tax I am directed to invite a reference to this Department’s Circular No. 271[F.No. 275/18/10-IT(B)], dated 26-5-1980 [Clarification 2], wherein it was intimated that the deduction of income-tax at the same rates as were applicable during the financial year 1979-80 may continue to be made during the financial year 1980-81
A major research programme like research in medical education cannot be completed within a short duration of time. Therefore, it is very difficult to say what will be the exact duration of this research programme. It will be of a continuous nature. However, it is expected that the major research programme in medical education will be ready for assessment in less than ten years.
Circular No. 276-Income Tax I am directed to invite a reference to this Department’s Circular No. 270 [F. No. 275/17/80-IT(B)], dated 26-5-1980, wherein you were requested to issue necessary instructions for continuing to make deduction of income-tax at source from “winnings from lottery or crossword puzzle” at the same rates as were given in Part II of the First Schedule to the Finance Act, 1979.
In exercise of the powers conferred by clause (v) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Hajrat Pirmohmed Shah Durgah Sharif Trust, Ahmedabad, for the purpose of the said section for the assessment years 1973-74 to 1980-81.
