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 issue addressed complexity arising from multiple TDS declaration forms. The new framework replaces them with a single Form 121...
Income Tax : The ruling clarifies that unauthenticated digital chats and screenshots cannot form the sole basis of tax additions without proper...
Income Tax : Courts held that investment in under-construction property qualifies as construction under Sections 54/54F. Deduction cannot be de...
Income Tax : The new Act reorganises sections, rules, and forms without changing core transfer pricing principles. Taxpayers must adapt to upda...
Income Tax : The new framework eliminates mandatory renewals and replaces them with continuous monitoring. Donor eligibility now depends on sus...
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 audit found widespread incorrect claims of deductions for bad debts and reserves. It highlights the need for stricter verifica...
Income Tax : The government replaced the six-decade-old law with the Income-tax Act, 2025. The reform aims to simplify compliance through clear...
Income Tax : A CBI court sentenced seven individuals to four years imprisonment for manipulating tax systems using forged records. The case hig...
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 : The consolidation into Form 121 introduces stricter documentation and reporting obligations. The decision emphasizes accountabilit...
Income Tax : A corrigendum fixes multiple drafting and referencing mistakes in income tax rules. The update ensures clarity without altering su...
Income Tax : CBDT clarified the presentation of error categories in Form U. The update ensures clearer reporting of incorrect income heads and ...
Income Tax : The corrigendum corrects technical errors in multiple ITR schedules, including CG and CYLA. It ensures accurate reporting and smoo...
Income Tax : CBDT corrected multiple clerical and structural errors across income tax return schedules. The changes ensure accurate reporting a...
Notification: S.O.1573 Sri Avinashilingam Home Science College for Women, Coimbatore. This noti
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) 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 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 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 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 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 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 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 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
