#income tax act
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Due Date Extended For Submission of Return of Income from 31st July to 30th September for Assessees of J & K

Due Date Extended For Submission of Audit Report U/S. 44AB for Assessees of Bihar

No power to condone delay in tax matters – High Court

PPF Act need to be amended to increase Investment Limit to Rs. 100000/-

Cost Inflation Index for FY 2008-09 / AY 2009-2010

Exemption from the TDS provisions under Section 197 for specified Companies

Central Board of Direct Taxes (CBDT) announces amendments to Industrial Park Scheme

Scholarship/ stipend received by a student for pursuing higher studies cannot be treated as salary

Foreign nationals working in India will be exempt from fringe tax

Taxability of Software Payments

Condition precedent for claiming exemption under section 54 of IT Act: ITAT, Hyderabad

The CBDT has notified new Return Forms for A.Y. 2008-09

Budget Highlights on Taxation Front

Gratuity payment under the Payment of Gratuity Act, 1972 or otherwise exempt to the extent covered under the Income Tax Act
Explore the latest income tax act updates on TaxGuru, including relevant Income-tax Act provisions, rules, notifications, circulars, judicial decisions and compliance guidance. The coverage highlights important tax positions, procedural requirements, assessments, deductions, penalties and litigation developments to help taxpayers and professionals understand the practical implications of changes in income-tax law.
