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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


Form 10BD Filing & Correction Guide: Revised Forms, Omitted Donors & 80G Issues

Income Tax : The article explains how accurate Form 10BD reporting protects donor deduction claims, prevents penalties, and ensures consistency...

June 15, 2026 285 Views 0 comment Print

June 2026 Advance Tax: Key Checks Under New Income Tax 2025

Income Tax : The article explains what remains unchanged under the new tax law while highlighting critical compliance checks taxpayers should u...

June 15, 2026 1578 Views 0 comment Print

Can Depreciation Be Claimed Separately After Income Is Estimated Under Section 145(3)?

Income Tax : AO rejects books of accounts and applies flat net profit rate. Can taxpayer claim depreciation separately or is it embedded in tha...

June 15, 2026 96 Views 0 comment Print

Top 5 Mistakes Taxpayers Make While Filing Income Tax Return (ITR)

Income Tax : The article highlights common return filing errors, including wrong ITR forms and income mismatches, that can result in defective ...

June 15, 2026 99 Views 0 comment Print

ITAT Deletes Section 14A Disallowance Because No Exempt Income Was Earned

Income Tax : The ITAT Bangalore held that no disallowance under section 14A read with Rule 8D can be made where the assessee did not earn exemp...

June 15, 2026 63 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 6103 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 258 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 1728 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 3810 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 3990 Views 0 comment Print


Latest Judiciary


Section 127 Income Tax Case Transfer for Effective Investigation is valid: Telangana HC

Income Tax : The Court held that transferring assessment proceedings under Section 127 was justified to facilitate coordinated investigation in...

June 15, 2026 45 Views 0 comment Print

Telangana HC Upholds Transfer of Income Tax Cases as Coordinated Investigation Required Centralisation

Income Tax : The Court held that transfer of assessment proceedings to Delhi was justified where connected cases had already been centralized f...

June 15, 2026 72 Views 0 comment Print

No Penalty on Capital Gains from JDA: ITAT Says Debatable Issue Cannot Trigger Concealment Penalty

Income Tax : The Hyderabad Bench emphasized that penalty under Section 271(1)(c) cannot be imposed solely because an addition survives appellat...

June 15, 2026 27 Views 0 comment Print

ITAT: CIT(A) Cannot Bypass Rule 46A; If Property Is Stock-in-Trade, Section 43CA Must Also Be Examined

Income Tax : The Hyderabad ITAT observed that if a property is treated as stock-in-trade, the applicability of Section 43CA cannot be ignored. ...

June 15, 2026 45 Views 0 comment Print

Hyderabad ITAT Quashes Reassessment: No Notice Under Section 143(2), Entire Assessment Held Void

Income Tax : The Tribunal quashed the reassessment after finding that the Assessing Officer failed to issue notice under Section 143(2). The de...

June 15, 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 47925 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 675 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 540 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 198 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 162 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 379 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 523 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 451 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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