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Reassessment 2.0: New Tax Notice Playbook Every Tax Professional Must Decode

Income Tax : The Income Tax Act, 2025 replaces old reassessment provisions with Sections 279 to 286 and increases reopening timelines in certai...

May 15, 2026 7152 Views 0 comment Print

Finance Bill 2026 Enactment Highlights: What Has Changed?

Finance : The amended Finance Bill 2026 abolishes the Tax Recovery Officer’s power to arrest and detain taxpayers for recovery of dues. Th...

May 15, 2026 381 Views 0 comment Print

Enduring Benefit or Recurring Necessity: Tax Treatment of Advertisement Expenditure

Income Tax : The article explains why advertisement expenses for brand building remain deductible under Section 37. Courts have consistently ru...

May 14, 2026 1146 Views 0 comment Print

Decoding Section 115BAE: Are Co-operative Societies Next Manufacturing Hubs?

Income Tax : The article explains how Section 115BAE offers newly established co-operative societies a concessional 15% tax rate for manufactur...

May 14, 2026 177 Views 0 comment Print

Segregation & Aggregation of Income Under Income Tax Acts 1961 & 2025

Income Tax : The Income-tax Act, 2025 replaces old Sections 68 to 69D with a simplified sequential structure under Sections 102 to 106. The cha...

May 12, 2026 387 Views 0 comment Print


Latest News


Salient Features of Income Tax Act 2025

Income Tax : The issue was complexity in the existing tax law. It was clarified that the new Act simplifies structure by reducing sections and ...

April 29, 2026 9459 Views 0 comment Print

Free Live Webinar: Decoding the New Income Tax Act, 2025

Income Tax : This webinar breaks down the major structural and conceptual changes introduced in the new Income Tax Act, 2025. It helps professi...

April 5, 2026 8298 Views 0 comment Print

Income Tax Raid Details Cannot Be Shared Due to Legal Confidentiality

Income Tax : The government informed Parliament that taxpayer-specific details of income tax searches cannot be disclosed due to confidentialit...

March 18, 2026 537 Views 0 comment Print

No New Digital Search Powers Under Section 247 of New Income Tax Act 2025

Income Tax : The Government clarified that the new income tax search provision does not expand powers or permit AI-based digital surveillance, ...

February 10, 2026 1983 Views 0 comment Print

Representation for Streamlining Sections 12AB and 80G Registration & Renewal

Income Tax : The representation highlights large-scale pendency and administrative bottlenecks under Sections 12AB and 80G, urging immediate re...

January 8, 2026 4992 Views 1 comment Print


Latest Judiciary


ITAT Upholds Section 153A Jurisdiction as Search Warrant Mentioned “& Ors.” in Group Search

Income Tax : ITAT Delhi held that the assessee was covered under the search proceedings even though its name did not specifically appear in the...

May 22, 2026 93 Views 0 comment Print

Only Solar Days Count for Determining PE Under India-Saudi Arabia DTAA: ITAT Bangalore

Income Tax : Bangalore ITAT ruled that only solar days and not cumulative man-days should be considered while determining the existence of a Pe...

May 22, 2026 1131 Views 0 comment Print

Income From AOP Held Non-Taxable in Member’s Hands as It Was Share of Profit: SC

Income Tax : SC examined nature of amounts received from an AOP and upheld findings that receipts constituted profit share rather than revenue ...

May 22, 2026 324 Views 1 comment Print

Concessional 22% Corporate Tax Rate Cannot Be Denied for Procedural Lapse: Rajasthan HC

Income Tax : The Rajasthan High Court held that the benefit of Section 115BAA could not be denied when Form 10-IC was filed within the period p...

May 22, 2026 147 Views 0 comment Print

Reopening Quashed as It Was Based on Unverified PDF Complaint Found on Third Party’s Mobile Phone: Gujarat HC

Income Tax : The Court held that the petitioner had no connection with the entities or individuals from whose devices the disputed material was...

May 22, 2026 132 Views 0 comment Print


Latest Notifications


CBDT Grants Section 35 Approval to Shree Hari Arogyam Foundation

Income Tax : The Principal Chief Commissioner of Income Tax (Exemptions) approved the company under Section 35(1)(iia) for scientific research ...

May 15, 2026 192 Views 0 comment Print

CBDT Notifies India-Japan Tax Recovery Pact

Income Tax : The government enforced a tax collection assistance agreement with Japan effective from 8 July 2025. The notification enables cros...

April 2, 2026 765 Views 0 comment Print

CBDT revises Mandatory DIN Requirement to align with Finance Act 2026

Income Tax : CBDT updated DIN rules to align with new provisions introduced under the Finance Act, 2026. The circular mandates DIN for most tax...

March 31, 2026 2286 Views 0 comment Print

CBDT notifies ITR-U form Form for AY 2026–27

Income Tax : The CBDT introduced Form ITR-U to allow taxpayers to update previously filed returns. The amendment promotes voluntary compliance ...

March 30, 2026 678 Views 0 comment Print

CBDT notifies ITR-V Form for AY 2026–27

Income Tax : The CBDT has substituted the ITR-V form to strengthen verification of electronically filed returns. The amendment enhances accurac...

March 30, 2026 747 Views 0 comment Print


Notification No. 73/2024-Income Tax Dated: 18th July, 2024

July 18, 2024 657 Views 0 comment Print

Notification No. 73/2024 extends the tax exemption deadline under Section 10(23FE) of the Income-tax Act, 1961, from March 31, 2024, to March 31, 2025.

Notification No. 72/2024-Income Tax Dated: 18th July, 2024

July 18, 2024 480 Views 0 comment Print

CBDT Notification 72/2024 extends the deadline for tax exemptions under Section 10(23FE) to March 31, 2025. Learn about the key changes and their impact.

Notification No. 71/2024-Income Tax Dated: 18th July, 2024

July 18, 2024 567 Views 0 comment Print

Discover the key update in Income Tax Notification No. 71/2024, which extends the compliance deadline from March 31, 2024, to March 31, 2025. Learn more here.

Notification No. 70/2024-Income Tax Dated: 18th July, 2024

July 18, 2024 11814 Views 1 comment Print

Notification No. 70/2024 extends the deadline for tax exemptions under Section 10(23FE) of the Income-tax Act, 1961, to March 31, 2025.

Notification No. 69/2024-Income Tax Dated: 18th July, 2024

July 18, 2024 714 Views 0 comment Print

Explore Notification No. 69/2024 from the Ministry of Finance, Department of Revenue (Central Board of Direct Taxes) on Income Tax Act amendments effective from April 1, 2024.

Notification No. 68/2024-Income Tax Dated: 18th July, 2024

July 18, 2024 6156 Views 0 comment Print

Learn about the latest amendment under Notification 68/2024 by the CBDT, extending the deadline for Sec 10(23FE) benefits to March 31, 2025.

Notification No. 67/2024-Income Tax Dated: 18th July, 2024

July 18, 2024 783 Views 0 comment Print

Notification No. 67/2024 extends the tax exemption deadline under Section 10(23FE) of the Income-tax Act, 1961, from March 31, 2024, to March 31, 2025.

Notification No. 66/2024-Income Tax Dated: 18th July, 2024

July 18, 2024 576 Views 0 comment Print

Notification No. 66/2024 extends the tax exemption deadline under Section 10(23FE) of the Income-tax Act, 1961, from March 31, 2024, to March 31, 2025.

Notification No. 65/2024-Income Tax Dated: 18th July, 2024

July 18, 2024 1002 Views 0 comment Print

Read about Income Tax Notification No. 65/2024 dated 18th July, 2024, amending provisions under section 10 of the Income-tax Act, 1961. Understand changes effective from April 1, 2024.

Notification No. 62/2024-Income Tax Dated: 18th July, 2024

July 18, 2024 627 Views 0 comment Print

Explore Notification No. 62/2024 issued by the Ministry of Finance, Department of Revenue, amending Income Tax Act provisions effective from April 1, 2024, to March 31, 2025.

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