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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 24 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 96 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 219 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 95985 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 10098 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 6034 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 225 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 1593 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 3690 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 3954 Views 0 comment Print


Latest Judiciary


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 135 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 63 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 21 Views 0 comment Print

Telangana HC Upholds ITAT’s Rejection of Section 254(2) Rectification Plea

Income Tax : The Telangana High Court held that Section 254(2) of the Income-tax Act is confined to rectifying mistakes apparent from the recor...

June 10, 2026 48 Views 0 comment Print

JAO Cannot Bypass Faceless Reassessment Framework: Telangana HC

Income Tax : The Telangana High Court held that reassessment proceedings initiated under Sections 148A and 148 by the Jurisdictional Assessing ...

June 10, 2026 57 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 44670 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 489 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.3528 Date of Issue: 1/9/1976

September 1, 1976 318 Views 0 comment Print

Notification: S.O.3528In exercise of the powers conferred by clause (vi) of sub-section (3) of section 194A of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Additiona

Notification: S.O.4292 Date of Issue: 31/8/1976

August 31, 1976 388 Views 0 comment Print

Notification: S.O.4292 The Jadavpur University, Calcutta. This notification takes effect from 17th June, 1976

Notification: S.O.4291 Date of Issue: 31/8/1976

August 31, 1976 349 Views 0 comment Print

Notification: S.O.4291 The Institute of Constitutional & Parliamentary Studies, New Delhi. This notification takes effect from 1st April, 1976

Notification: S.O.4053 Date of Issue: 21/8/1976

August 21, 1976 774 Views 0 comment Print

Notification: S.O.4053 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 “Sri Kalahas

Notification: S.O.4052 Date of Issue: 21/8/1976

August 21, 1976 382 Views 0 comment Print

Notification: S.O.4052 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 “Sri Ramana

Notification: S.O.4290 Date of Issue: 17/8/1976

August 17, 1976 337 Views 0 comment Print

Notification: S.O.4290 That the Marathwada University, Aurangabad, will maintain a separate account of the sums received by it for scientific research in the field of natural or applied sciences (other than Agriculture/Anim

Notification: S.O.4289 Date of Issue: 17/8/1976

August 17, 1976 499 Views 0 comment Print

Notification: S.O.4289 The Marathwada Agricultural University, Parbhani. This notification takes effect from 7th June, 1976

Notification: S.O.3882 Date of Issue: 16/8/1976

August 16, 1976 280 Views 0 comment Print

Notification: S.O.3882 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 “Tamil Evangelical

Notification: S.O.3525 Date of Issue: 11/8/1976

August 11, 1976 411 Views 0 comment Print

Notification: S.O.3525 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 Parthasarathy Kshethra Bharana Sangam, Guruvayur, to be a place of public worship of renown throughout the State of Kerala for the purposes of the said section

Circular No. 206-Income Tax dated 9-8-1976

August 9, 1976 604 Views 0 comment Print

Circular : No. 206 -Income Tax Section 29 of the Payment of Bonus (Amendment) Act, 1976 has inserted a new proviso to clause (ii) of sub-section (1) of section 36 and has made an amendment to the existing proviso to the said clause with effect from September 25, 1975. The newly inserted first proviso to clause (ii) of section 36(1) will apply in relation to bonus

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