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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


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 48 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 95145 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 9963 Views 0 comment Print

All about Form 16 and 16A of TDS

Income Tax : Form 16 and Form 16A serve distinct purposes under the TDS framework, with Form 16 relating to salary income and Form 16A covering...

June 10, 2026 26628 Views 1 comment Print

Permanent Account Number (PAN)

Income Tax : Permanent Account Number (PAN) serves as a unique identifier enabling the Income-tax Department to track tax payments, returns, TD...

June 10, 2026 599040 Views 11 comments 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 6031 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 3681 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 3948 Views 0 comment Print


Latest Judiciary


ITAT Deletes section 69 Addition as Revenue Failed to Prove Investment in Relevant Year

Income Tax : The Mumbai ITAT held that an addition under section 69 cannot survive when the Revenue fails to establish that the alleged investm...

June 10, 2026 456 Views 0 comment Print

No Interest Disallowance Without Nexus Between Borrowed Funds & Non-Business Advances: ITAT Lucknow

Income Tax : ITAT Lucknow held that disallowance of interest expenses cannot be sustained without evidence showing that interest-bearing funds ...

June 9, 2026 84 Views 0 comment Print

SC Refuses to Revive Reassessment as Original Scrutiny Had Examined Relevant Transactions & Details

Income Tax : SC dismissed Revenue’s plea after Gujarat HC held that even proposed additions would not alter MAT liability, defeating escapeme...

June 9, 2026 189 Views 0 comment Print

ITAT Kolkata Allows Additional Refund Interest Due to Delay in Giving Appeal Effect

Income Tax : The Tribunal held that the assessee was entitled to additional interest under Section 244A(1A) because the Assessing Officer faile...

June 9, 2026 138 Views 0 comment Print

ITAT Delhi Deletes SLS Disallowance as APA Covered Intra-Group Services

Income Tax : The Tribunal held that once Second Line Support services were examined and covered under an Advance Pricing Agreement, disallowanc...

June 9, 2026 69 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 44265 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 558 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 480 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 135 Views 0 comment Print


Notification: S.O.1573 Date of Issue: 25/2/1976

February 25, 1976 445 Views 0 comment Print

Notification: S.O.1573 Sri Avinashilingam Home Science College for Women, Coimbatore. This noti

Notification: S.O.1524 Date of Issue: 23/2/1976

February 23, 1976 445 Views 0 comment Print

Notification: S.O.1524 It is hereby notified for general information that the approval given under section 35(1)(ii) of the Income-tax Act, 1961, to Cadila Laboratories, Ahmedabad, by notification No. 566 (F. No. 203/15/73-ITA. II) dated 27th February, 1974, is withdrawn w.e.f. 1st April, 1976, on the reco

Notification: S.O.134(E) Date of Issue: 23/2/1976

February 23, 1976 606 Views 0 comment Print

Notification: S.O.134(E) This notification contains Amendment to Income-tax (Amendment) Rules, 1976 carried out on February 23, 1976 not reproduced here as it is already contained in the body of the Rules itself.

Notification: S.O.1571 Date of Issue: 19/2/1976

February 19, 1976 460 Views 0 comment Print

Notification: S.O.1571 It is hereby notified for general information that the approval given under section 35(1)(ii) of the Income-tax Act, 1961, to the Association of Otolaryngologists of India, Bombay, by notification No. 188 (F. No. 203/12/70-ITA. II) dated 25th November, 1970, is withdrawn with effect from 1-4

Notification: S.O.1523 Date of Issue: 19/2/1976

February 19, 1976 454 Views 0 comment Print

Notification: S.O.1523 It is hereby notified for general information that the approval given under section 35(1)(ii) of the Income-tax Act, 1961, to Gujarat Research Societ

Notification: S.O.1357 Date of Issue: 19/2/1976

February 19, 1976 403 Views 0 comment Print

Notification: S.O.1357 It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Medical Research, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, for research pur

Notification: S.O.1725 Date of Issue: 17/2/1976

February 17, 1976 409 Views 0 comment Print

Notification: S.O.1725 It is hereby notified for general information that the approval given under section 35(1)(ii) of the Income-tax Act, 1961, to Society for Prevention of Heart Disease and Rehabilitation, Bombay, by notification No. 197 (F. No. 203/35/72-ITA. II) dated the 26th September, 1972, is withdrawn wit

Notification: S.O.1624 Date of Issue: 17/2/1976

February 17, 1976 421 Views 0 comment Print

Notification: S.O.1624 It is hereby notified for general information that the approval given under section 35(1)(ii) of the Income-tax Act, 1961, to the Medical Education Foundation, Madras, by notification No. 32 (F. No. 203/2/72-ITA. II) dated 15-2-72, is withdrawn with effect from 1st April, 1976, on the rec

Notification: S.O.1572 Date of Issue: 17/2/1976

February 17, 1976 408 Views 0 comment Print

Notification: S.O.1572 It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Social Science Research, New Delhi, the prescribed authority for the purposes of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961, subject to th

Notification: S.O.1522 Date of Issue: 17/2/1976

February 17, 1976 469 Views 0 comment Print

Notification: S.O.1522 It is hereby notified for general information that the approval given under section 35(1)(ii) of the Income-tax Act, 1961, to L. Madan Mohan Lal Ay

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