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.
CA, CS, CMA : Stay informed on India's dynamic tax, GST, customs, and regulatory landscape. This weekly summary for June 9-15, 2025, covers key ...
Income Tax : India's Income Tax Bill 2025 classifies Virtual Digital Assets (VDAs) and cryptocurrencies for taxation at 30%. It simplifies tax ...
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Income Tax : CBDT Notification 36/2025 requires sellers to collect TCS on luxury goods like watches, art over ₹10 lakh from April 22, 2025. L...
Income Tax : Your ITR refund for FY 2024-25 may be delayed due to pending tax issues. Learn why and how to handle notices from the Income Tax D...
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Income Tax : Income Tax Department warns against wrongful refund claims in ITRs. Explains consequences like penalties, scrutiny, prosecution, a...
Income Tax : CBI arrests IRS officer and private individual for allegedly undermining the Faceless Tax Scheme by leaking confidential info for ...
Income Tax : Understand CBDT's Notification 38/2025 on non-deductible settlement expenses under Income-tax Act for SEBI, Competition Act violat...
Income Tax : The Finance Bill 2025 proposes tax exemption on income up to ₹12 lakh, revised tax slabs, and a ₹75,000 standard deduction 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 issue to be considered is whether the profit earned by the assessee from the activity of recruitment and training of personne...
Income Tax : CBDT has designated DGIT (Systems) as the authority to share income tax return filing status and income level data with the Minist...
Income Tax : Notification grants income tax exemption to the Karnataka Electricity Regulatory Commission (KERC) from assessment year 2025-26 un...
Income Tax : Learn about the Himachal Pradesh Board of School Education's income tax exemption on specific receipts, effective retrospectively ...
Income Tax : Income tax exemption granted to 'Treasurer Charitable Endowments, Haryana' for specific income from 2014-15, with conditions....
Income Tax : CBDT notifies tax exemption for HRERA Gurugram on grants, fees, and interest income for FY 2018–19 to 2022–23, subject to spec...
Notification: S.O.1241 The Central Machine Tool Institute, Bangalore has been approved by the Council of Scientific & Industrial Research, the prescribed authority, for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (43 of 1961) :
Notification: S.O.1240 In exercise of the powers conferred by rule 4 of the Income-tax (Certificate Proceedings) Rules, 1962, the Central Government hereby appoints the Commissioner of Income-tax, Punjab, Jammu and Kashmir and Chandigarh, Patiala, to be a Tax Recovery Commissioner.
Notification: S.O.1238 In exercise of the powers conferred by rule 4 of the Income-tax (Certificate Proceedings) Rules, 1962, the Central Government hereby appoints the Commissioner of Income-tax, Kerala, Cochin, to be the Tax Recovery Commissioner, Kerala.
This notification which supersedes Notification No. 80 (F. No. 16/14/66-ITB), dated 24th August, 1967, shall come into force with immediate effect
Notification: S.O.1236 In exercise of the powers conferred by rule 4 of the Income-tax (Certificate Proceedings) Rules, 1962, the Central Government hereby appoints the Additional Commissioner of Income-tax (Recovery), Madras, to be the Tax Recovery Commissioner, Madras.
Notification: S.O.1235 Central Government hereby appoints the Additional Commissioner of Income-tax (Recovery), Delhi, to be the Tax Recovery Commissioner, Delhi.
Notification: S.O.1234 Central Government hereby appoints the Additional Commissioners of Income-tax (Recovery) I and II, Bombay, to be the Tax Recovery Commissioner I and II, Bombay, respectively.
This Notification contains Amendments to Income-tax Rules, 1962 carried out on 20th February, 1971 not reproduced here as it is already contained in the body of the Rules itself
Notification: S.O.1513 In exercise of the powers conferred by rule 4 of the Income-tax (Certificate Proceedings) Rules, 1962, the Central Government hereby appoints the Commissioner of Income-tax, Assam, Nagaland, Manipur, Tripura and Meghalaya, Shillong, to be a Tax Recovery Commissioner.
Notification: S.O.631 has been approved by the Council of Scientific & Industrial Research, the prescribed Authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (43 of 1961) :
