Stay updated with the latest income tax notifications for changes in tax laws, rates, and compliance requirements. Get insights into income tax updates, exemptions, deductions, and important deadlines through income tax notifications.
Income Tax : The article examines whether Section 58(3) of the Income-tax Act, 2025 makes tax audit compulsory whenever profits fall below 6%, ...
Income Tax : Income may become tax-free under the new tax regime because of the standard deduction and Section 87A rebate, but ITR filing may s...
Income Tax : The issue concerns whether declaring profits below the presumptive rate automatically triggers tax audit or whether turnover thres...
Income Tax : The article analyses whether declaring profits below presumptive rates automatically triggers tax audit under the Income-tax Act, ...
Income Tax : This analysis explains how charitable and religious trusts qualify for exemption under Sections 11 to 13 of the Income-tax Act. It...
Income Tax : Net direct tax collections for FY 2026-27 grew by 14.64% as of June 17, 2026, driven by higher corporate and non-corporate tax rec...
Income Tax : Association requested CBDT to rationalize CASS 2026 case selection considering the administrative burden caused by implementation ...
Income Tax : The data shows a steady increase in net direct tax collections driven by higher corporate and non-corporate tax revenues. It highl...
Income Tax : The issue was complexity in the existing tax law. It was clarified that the new Act simplifies structure by reducing sections and ...
Income Tax : The tax department clarified that no search or restriction was carried out against the individual. It termed the allegations basel...
Income Tax : The ruling clarifies that unauthenticated digital chats and screenshots cannot form the sole basis of tax additions without proper...
Income Tax : The case involved denial of deduction due to delayed execution of purchase deed. The Tribunal held that investment in an under-con...
Income Tax : Gujarat High Court upheld the deletion of a Section 271D penalty, ruling that the assessment order did not record satisfaction for...
Income Tax : Supreme Court reviews the Kakadia Builders case, addressing Settlement Commission's authority to waive interest under Sections 234...
Income Tax : We request the authority concerned to take a practical view of the problems which the assessees are facing as on date on account o...
Income Tax : CBDT has notified the Indian Institute for Human Settlements as an approved institution for social science and statistical researc...
Income Tax : CBDT has clarified that lessees need not deduct TDS on ship lease payments once the IFSC lessor submits Form 1(N), provided the Se...
Income Tax : CBDT has notified tax exemption for specified income of the Mussoorie Dehradun Development Authority under section 10(46). The not...
Income Tax : Exercising powers under Section 119(2)(b), CBDT has condoned delays in Form 10AB filing for eligible cases. The Circular does not ...
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...
Vide Notification No. 32/2022-Income Tax, Dated: 19.04.2022 CBDT designates Court in the State of Uttar Pradesh as the Special Court for the purposes of section 280A(1) of Income-tax Act, 1961 and section 84 of Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD […]
Office Order No. 82 of 2022, Dated: 18.04.2022- 363 transfer/postings of the officers in the grade of Joint Commissioner/Additional Commissioner of Income Tax. F.No. A-22012/1/2022-Ad-VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi -110 001 Dated: 18.04.2022 Office Order No. 82 of 2022 The following […]
Office Order No. 80 of 2022, Dated: 18.04.2022 – 59 Officers are promoted to the grade of Principal Commissioner of Income Tax (Pr. CIT) F. No. A-32011/512020-Ad.VI Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ***** North Block, New Delhi, The 18th April, 2022. Office Order No. 80 of […]
Office Order No. 79 of 2022, Dated: 18 April 2022 – 17 Officers are promoted to the grade of Chief Commissioner of Income Tax (CCIT) F. No. A-32011/5/2021-Ad.VI Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes **** North Block, New Delhi, The 18th April, 2022. Office Order No. 79 […]
CBDT notifies National Bank for Financing Infrastructure and Development (NBFID) under section 10(48D) of Income Tax Act, 1961 vide Notification No. 31/2022 – Income Tax Dated: 18th April, 2022. MINISTRY OF OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) New Delhi, the 18th April, 2022 Notification No. 31/2022 – Income Tax S.O. 1825(E).—In exercise […]
Office Order No. 75 of 2022 | The following transfer/postings of the officers in the grade of Chief Commissioners of Income Tax/ Director Generals of Income Tax, are hereby ordered with immediate effect and until further orders:-
F.No. A-22011/212022-Ad-VI (Pt.II) Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi – 110 001 Dated: 16.04.2022 Office Order No. 74 of 2022 On promotion, the transfer/postings of the following officers in the grade of Pr. Chief Commissioner of Income Tax/ Pr. Director Generals of Income […]
CBDT notifies Rajasthan Electricity Regulatory Commission under section 10(46) of Income Tax Act vide Notification No. 30/2022-Income Tax Dated: 11th April, 2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 30/2022-Income Tax | Dated: 11th April, 2022 S.O. 1769(E).—In exercise of the powers conferred by clause (46) of […]
CBDT notifies Somnath Temple as place of historic importance and a place of public worship of renown under section 80G of Income-tax Act, 1961 vide Notification No. 29/2022-Income Tax Dated: 11th April, 2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 29/2022-Income Tax | Dated: 11th April, 2022 […]
CBDT amends Income Tax rule 2F, rule 8B and introduces new FORM NO. 5B – Application for notification of a zero coupon bond under clause (48) of section 2 of the Income-tax Act, 1961 and Form No. 5BA – Certificate of an accountant under sub-rule (6) of rule 8B vide Notification No. 28/2022-Income-Tax Dated: 6th April, 2022. MINISTRY OF […]
