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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 192 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 144 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 270 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 96816 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 10215 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 6040 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 1602 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 3708 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 3957 Views 0 comment Print


Latest Judiciary


ITAT Deletes Section 80GGC Disallowance as No Evidence Linked Donation to Accommodation Entry Scheme

Income Tax : The Jodhpur ITAT held that deduction under Section 80GGC cannot be denied merely on allegations against a political party in the a...

June 10, 2026 933 Views 0 comment Print

Settlement Proceedings do not invalidate assessments passed under Court’s interim liberty

Income Tax : Assessment orders passed pursuant to express liberty granted by the High Court during pendency of settlement-related litigation re...

June 10, 2026 84 Views 0 comment Print

Excess Stock Found During Survey Is Business Income, Not Deemed Income u/s 69A: Bangalore ITAT

Income Tax : The ruling emphasizes that undisclosed business receipts and stock arising from an existing business cannot automatically be chara...

June 10, 2026 159 Views 0 comment Print

Bogus Purchase Addition Can’t Be 100% When Sales Are Accepted: ITAT Mumbai

Income Tax : The Tribunal held that when sales are accepted and books of account are not rejected, the entire amount of disputed purchases cann...

June 10, 2026 117 Views 0 comment Print

CIT(A) Cannot Dismiss Appeal for Non-Prosecution Without Deciding Merits: ITAT Pune

Income Tax : The ITAT Pune held that the CIT(A)/NFAC cannot dismiss an appeal merely for non-prosecution without adjudicating the issues on mer...

June 10, 2026 51 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 44982 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 564 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 No. S.O.2235 Date of Issue: 30/4/1977

April 30, 1977 367 Views 0 comment Print

In continuation of this Department’s notification No. 730 (F. No. 203/64/73–ITA. II) dated 3rd October, 1974, 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. This notification is effective from 1st April, 1977.

Notification No. S.O.2234 Date of Issue: 30/4/1977

April 30, 1977 373 Views 0 comment Print

That the Saugar University shall send an annual report to the Indian Council of Social Science Research, New Delhi, showing the funds collected under the exemption and the manner in which the funds were utilised.

Notification No. S.O.2233 Date of Issue: 30/4/1977

April 30, 1977 529 Views 0 comment Print

In continuation of this Department’s Notification No. 1641 (F. No. 203/11/77–ITA. II) dated 28th January, 1977, it is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Agricultural Research, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961. This notification is effective from 1st April, 1976.

Notification No. S.O.2232 Date of Issue: 30/4/1977

April 30, 1977 379 Views 0 comment Print

That the South Gujarat University, Surat, shall send an annual report to the Indian Council of Social Science Research, New Delhi, showing the funds collected under the exemption and the manner in which the funds were utilised.

Notification No. S.O.2231 Date of Issue: 30/4/1977

April 30, 1977 439 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.

Circular No. 218-Income Tax dated 30-4-1977

April 30, 1977 688 Views 0 comment Print

Circular : No. 218 -Income Tax Reference is invited to Circular No. 10 [XLVII-9]-D of 1958, dated 20-5-1958 and Circular No. 102 [F. No. 167/56/71 -IT(A-I)], dated 3 -2-1973 [Clarifications 2 and 3 on p. 1.161 and p. 1.163, respectively

Notification No. S.O.2277 Date of Issue: 28/4/1977

April 28, 1977 535 Views 0 comment Print

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 ” Shri Cherpalacheri Ayyappankavu Jeernodharana Samithi, Cherpalacheri, Palghat “, to be a place of public worship of renown throughout the State of Kerala for the purposes of the said section.

Notification No. S.O.2092 Date of Issue: 16/4/1977

April 16, 1977 511 Views 0 comment Print

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 ” Shri Kalyanavenkataramanaswamy Temple, Thanthonimalai, Karur-5, Tiruchirapalli District “, to be a place of public worship of renown throughout the State of Tamil Nadu for the purposes of the said section.

Notification No. S.O.2094 Date of Issue: 15/4/1977

April 15, 1977 445 Views 0 comment Print

It is hereby notified for general information that the institution mentioned below has been approved by the Secretary, 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, subject to the following conditions

Notification No. S.O.3447 Date of Issue: 14/4/1977

April 14, 1977 571 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 Government hereby notifies Army Group Insurance Scheme Fund for the purpose of the said section for and from the assessment year 1976-77.

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