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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


ITR Filing 2026: Important Due Dates, Budget 2026 Updates & Strategies

Income Tax : Budget 2026 has extended the due dates for ITR-3, ITR-4, and revised returns, offering taxpayers greater flexibility. Understandin...

June 10, 2026 651 Views 0 comment Print

Sikkim: India’s Only Income Tax-Free State and the Law Behind It

Income Tax : Relocating to Sikkim does not automatically exempt you from income tax. This article explains who qualifies under Section 10(26AAA...

June 10, 2026 243 Views 0 comment Print

8 Legal Ways to Save Income Tax in India for Business Owners & Freelancers

Income Tax : The article outlines practical methods through which business owners and professionals can legally minimise their tax burden. It h...

June 10, 2026 384 Views 0 comment Print

Section 54 Exemption for Capital Gains on Residential Property Transfer

Income Tax : Section 54 grants exemption on long-term capital gains from the sale of a residential house because the proceeds are reinvested in...

June 10, 2026 97311 Views 4 comments Print

E-Payment of Direct Taxes: Simplifying Tax Payments

Income Tax : The Income-tax Act mandates e-payment of direct taxes for companies and taxpayers covered under Section 44AB, while others may opt...

June 10, 2026 10302 Views 0 comment Print


Latest News


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 6055 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 231 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 1617 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 3738 Views 1 comment Print

Representation for timely release of e-filing utilities for ITR for AY 2026-27

Income Tax : KSCAA requested the CBDT to release e-filing utilities and schemas for AY 2026-27 without delay, stating that pending utilities ar...

May 13, 2026 3966 Views 0 comment Print


Latest Judiciary


ESOP Discount Allowed as Liability Accrues Over Vesting Period: ITAT Bangalore

Income Tax : The ITAT Bangalore upheld deduction of ESOP expenditure under Section 37, holding that the liability arising from employee stock o...

June 11, 2026 48 Views 0 comment Print

No Section 68 Addition for Demonetization Cash Deposits Supported by Recorded Sales: ITAT Delhi

Income Tax : The ITAT Delhi held that cash deposits during the demonetization period could not be treated as unexplained credits when they orig...

June 11, 2026 57 Views 0 comment Print

Appeal Dismissal Under Section 249(4)(b) Invalid Without Advance Tax Liability: ITAT Hyderabad

Income Tax : ITAT Hyderabad held that dismissal of an appeal under section 249(4)(b) was unjustified where the assessee claimed that the receip...

June 11, 2026 48 Views 0 comment Print

CIT(E) Cannot Judge Hospital Tariffs to Decide Charity: ITAT Restores Reliance Hospital Trust’s U/s 12AB Registration

Income Tax : The Tribunal ruled that premium rooms, higher tariffs, and specialized medical facilities cannot by themselves establish a profit ...

June 11, 2026 24 Views 0 comment Print

ITAT Upholds FBT Additions on Employee-Related free tickets, hospitality, conveyance, goods & lodging

Income Tax : The ITAT Delhi held that free tickets, hospitality, conveyance, goods, and lodging expenses attracted Fringe Benefit Tax under the...

June 11, 2026 45 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 45327 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 576 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 492 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 165 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 138 Views 0 comment Print


Notification: S.O.693 Date of Issue: 20/1/1978

January 20, 1978 439 Views 0 comment Print

Notification: S.O.693 Central Government hereby notifies Sri Mahalakshmi Trust, Madras for the purpose of the said section for and from the assessment year(s) 1973-74.

Notification: S.O.692 Date of Issue: 18/1/1978

January 18, 1978 358 Views 0 comment Print

Notification: S.O.692 Central Government hereby notifies Congregation of Christian Brothers in India for the purpose of the said section for and from the assessment year(s) 1978-79

Notification: S.O.24(E) Date of Issue: 18/1/1978

January 18, 1978 448 Views 0 comment Print

Notification: S.O.24(E) Date of Issue: 18/1/1978 In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely :—

Notification: S.O.1203-1 Date of Issue: 13/1/1978

January 13, 1978 448 Views 0 comment Print

It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Social Science Research, the prescribed authority for the purposes of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961, subject to the following conditions :—

Notification: S.O.688 Date of Issue: 12/1/1978

January 12, 1978 292 Views 0 comment Print

Central Government hereby notifies Sri Aurobindo Samithi, Calcutta, for the purpose of the said section for and from the assessment year(s) 1975-76.

Notification: S.O.687 Date of Issue: 12/1/1978

January 12, 1978 355 Views 0 comment Print

Central Government hereby notifies People’s Action for Development (India) Maharashtra State Committee for the purpose of the said section for and from the assessment year(s) 1975-76.

Notification: S.O.686 Date of Issue: 12/1/1978

January 12, 1978 432 Views 0 comment Print

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 Govern

Notification: S.O.685 Date of Issue: 12/1/1978

January 12, 1978 370 Views 0 comment Print

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 Go

Notification: S.O.684 Date of Issue: 12/1/1978

January 12, 1978 418 Views 0 comment Print

Get the latest Income Tax notification (S.O.684). Section 10(23C)(v) invoked. Paramekkavu Devaswom, Trichur, notified from the assessment year 1972-73.

Notification: S.O.871 Date of Issue: 10/1/1978

January 10, 1978 337 Views 0 comment Print

Notification: S.O.871 It is hereby notified for general information that the following amendment has been carried out in Notification No. 858 (F. No. 203/83/74-ITA.II), dated the 22nd March, 1975, issued in respect of Bakul Finechem Research Centre, Bombay. This n

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