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175 Legal Compliances and Legal Updates for July-2026 in India

CA, CS, CMA : A comprehensive guide covering 175 legal compliances for July 2026 under FEMA, Income Tax, GST, SEBI, Companies Act, Labour Laws, ...

July 6, 2026 55005 Views 2 comments Print

Meaning of Relatives​ Under Income Tax Act, 1961

Income Tax : The Income-tax Act does not prescribe a single definition of "relative" for all purposes. Different provisions such as Sections 13...

July 6, 2026 18393 Views 1 comment Print

TDS- Section 194IA Payment on transfer of immovable property

Income Tax : Understand when 1% TDS applies on purchase of immovable property under Section 194-IA. Learn the Rs. 50 lakh threshold, compliance...

July 4, 2026 447900 Views 44 comments Print

Lower / Nil TDS Certificate for NRI Payments: Form 128 & Form 129

Income Tax : This guide explains when NRIs should use Form 128 and when payers should use Form 129 to reduce or eliminate excess TDS. It also c...

July 3, 2026 420 Views 0 comment Print

Profit Below 6%: Has New Law Changed Old Section 44AD–44AB Principle?

Income Tax : The article argues that Section 58(3) of the Income-tax Act, 2025 does not independently mandate books of account or tax audit for...

July 3, 2026 5331 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 9936 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 8724 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 786 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 2145 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 5070 Views 1 comment Print


Latest Judiciary


Section 223(1) BNSS Hearing Mandatory Before Cognizance Under Income-tax Act: Madras HC

Income Tax : Madras HC set aside cognizance under the Income-tax Act, holding Section 223(1) BNSS mandates hearing the accused before cognizanc...

July 5, 2026 189 Views 0 comment Print

Section 143(2) Notice & Valid Draft Assessment Mandatory U/s 144C: ITAT Mumbai

Income Tax : ITAT Mumbai quashed reassessment after finding no Section 143(2) notice and that the AO issued a final order disguised as a draft ...

July 5, 2026 225 Views 0 comment Print

Section 148 Notice Quashed for Lack of Live Nexus With Seized Material: Gujarat HC

Income Tax : Gujarat HC quashed a Section 148 notice, holding that a seized inquiry register without a live nexus to the assessee cannot justif...

July 5, 2026 207 Views 0 comment Print

Section 149 Limitation Bars Section 148 Reassessment Based on Search Material: Gujarat HC

Income Tax : Gujarat HC quashed Section 148 reassessment as it was issued beyond Section 149 limitation, holding Section 152(3) applies to sear...

July 5, 2026 213 Views 0 comment Print

Draft Assessment Ignoring Filed Return Set Aside for Fresh Consideration: Madras HC

Income Tax : Madras HC held that merely issuing a corrigendum acknowledging the return did not rectify the defective assessment process and ord...

July 4, 2026 126 Views 0 comment Print


Latest Notifications


CBDT Grants Five-Year Scientific Research Recognition to Public Health Foundation

Income Tax : CBDT has approved a scientific research institution under the Income-tax Act, 2025 for tax years 2026-27 to 2030-31. The notificat...

June 25, 2026 330 Views 0 comment Print

CBDT Approved University of Hyderabad for Scientific Research Tax Benefits

Income Tax : CBDT has approved the University of Hyderabad for scientific research under Section 45 of the Income-tax Act, 2025. The approval i...

June 25, 2026 177 Views 0 comment Print

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 12, 2026 414 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 984 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 3411 Views 0 comment Print


Notification No. 79/2024-Income Tax Dated: 18th July, 2024

July 18, 2024 348 Views 0 comment Print

Notification No. 79/2024 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. 78/2024- Income Tax Dated: 18th July, 2024

July 18, 2024 567 Views 0 comment Print

Explore Income Tax Notification No. 78/2024 amendment by Ministry of Finance, Department of Revenue, Central Board of Direct Taxes. Effective change from April 2024 to March 2025.

Notification No. 77/2024-Income Tax Dated: 18th July, 2024

July 18, 2024 597 Views 0 comment Print

Explore Notification No. 77/2024 from the Ministry of Finance, Department of Revenue, regarding an income tax amendment under section 10 of the Income-tax Act, 1961.

Notification No. 76/2024-Income Tax Dated: 18th July, 2024

July 18, 2024 468 Views 0 comment Print

Notification No. 76/2024 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. 75/2024-Income Tax Dated: 18th July, 2024

July 18, 2024 564 Views 0 comment Print

Notification No. 75/2024 extends the deadline for tax exemptions under Section 10(23FE) of the Income-tax Act, from March 31, 2024, to March 31, 2025.

Notification No. 74/2024-Income Tax Dated: 18th July, 2024

July 18, 2024 498 Views 0 comment Print

CBDT Notification 74/2024 extends the deadline for tax exemptions under Section 10(23FE) to March 31, 2025. Discover the implications and details of this change.

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

July 18, 2024 756 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 525 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 618 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 11865 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.

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