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Income Tax Notifications

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.

Latest Articles


Amendments in Form – 3CD for AY 2023-2024

Income Tax : CBDT updates Form 3CD for AY 2023-2024, including major amendments for tax audit reporting. Essential insights for professionals a...

March 7, 2024 8916 Views 0 comment Print

Amendment in Form 3CEB by Income Tax Notification dated 05.03.2024

Income Tax : Key updates to Form 3CEB for specified domestic transactions, following CBDT Notification No. 27/2024, enhancing reporting require...

March 6, 2024 2058 Views 0 comment Print

Breakdown of Income Tax Circular No. 20 of 2023 dated December 28, 2023

Income Tax : Explore resolutions for CBDT Circular No. 20/2023 issues: TDS responsibilities, fees inclusion, treatment of taxes, purchase-retur...

January 27, 2024 9510 Views 0 comment Print

Understanding Income Tax Notices: Types, Meanings and Proper Responses

Income Tax : Demystify Income Tax Notices: Learn about various types, meanings, and effective responses. Explore notices under Section 143(1), ...

June 8, 2023 2283 Views 0 comment Print

Response to Notices & Letters Received under e-Verification Scheme, 2021- FAQs

Income Tax : When a financial transaction reported by a Source/Reporting Entity is not considered/included by the taxpayers in their Return of ...

May 20, 2023 13074 Views 0 comment Print


Latest News


Budget Memorandum 2024 & suggested Amendments to Income-tax Act 1961

Income Tax : Explore the Malad Chamber of Tax Consultants' 2024 Pre-Budget Memorandum proposing crucial amendments to the Income Tax Act, 1961,...

June 20, 2024 3270 Views 0 comment Print

Income Tax Returns Invalid if Unverified Within Time Limit: CBDT

Income Tax : Stay updated with the latest notification from the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes regar...

April 4, 2024 4179 Views 0 comment Print

Inventory Valuation: Cost Accountants Empanelment by Delhi Income Tax Office

Income Tax : ITD Delhi invites Cost Accountant firms/LLPs for empanelment for inventory valuation services. Apply by the deadline to be part of...

February 15, 2024 681 Views 0 comment Print

Faceless Tax Assessment: Impact, Benefits & Redressal Measures: Govt. Response

Income Tax : Explore the impact of faceless tax assessment, benefits, and government's steps to address taxpayer grievances. Get insights into ...

February 7, 2024 894 Views 0 comment Print

CBDT Notifies Income Tax Return Forms for A.Y. 2024-25 Well in Advance

Income Tax : Stay ahead of tax compliance! Explore the latest Income Tax Return Forms (ITR Forms) notified by CBDT for A.Y. 2024-25. Get insigh...

February 2, 2024 1494 Views 0 comment Print


Latest Judiciary


Take practical view of problems faced by assessees for technical glitches on new Income Tax portal: HC

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...

January 12, 2022 6252 Views 0 comment Print

Once data stored in electronic form, it becomes a customized electronic data which can be exported to qualify for deduction u/s 10A

Income Tax : The issue to be considered is whether the profit earned by the assessee from the activity of recruitment and training of personne...

October 24, 2009 777 Views 0 comment Print


Latest Notifications


Section 10(46) exemption to Uttaranchal Board of Technical Education

Income Tax : Explore the latest Income Tax notification (Notification No. 53/2024) by the Ministry of Finance. Detailed analysis of specified i...

July 15, 2024 141 Views 0 comment Print

Section 138(1)(a) of Income-tax Act: Information Sharing with Telangana Government

Income Tax : CBDT directs DGIT (Systems) to share income tax information with Telangana's Agriculture Department as per Section 138(1)(a) of th...

July 9, 2024 321 Views 0 comment Print

Section 138 Notification: Agriculture Production Commissioner, Telangana specified

Income Tax : Discover the latest Income Tax Act notification under section 138 for Telangana by the Ministry of Finance. Details on the designa...

July 9, 2024 204 Views 0 comment Print

Guidelines for issuance of notice u/s 148 of the Income Tax Act, 1961

Income Tax : Explore the latest guidelines for issuing notice under Section 148 of the Income Tax Act, 1961. Understand key procedures, amendme...

June 28, 2024 12483 Views 0 comment Print

CBDT Order under DTVsV Act 2020 on acceptance of delayed Payment

Income Tax : CBDT order allows delayed tax payments under DTVsV Act conditions, easing compliance for taxpayers. Details on Form-3 modification...

June 27, 2024 909 Views 0 comment Print


CG notifies Odisha Electricity Regulatory Commission for sec. 10(46) exemption

July 3, 2013 721 Views 0 comment Print

Notification No. 48/2013 – Income Tax (a) amount received in the form of Government grants; (b) amount received as licence fee from licensees in electricity; (c) amount received as application processing fee; and (d) interest earned on Government grants and fee received.

I-T dept to open 1,080 assessment offices & to create 20,751 additional posts

July 2, 2013 1018 Views 0 comment Print

a. Number of assessment units (AtJs) to be increased by 1080 from 3420 to 4500. for strengthening the tax-administration. b. Expected net additional revenue of Rs. 25,756.04 crores per annum against expenditure of Rs. 449.71 crores per annum c. Each Range to have one more Assessing Officer.

Implementation of Cadre Restructuring in the Income Tax Department : Constitution of Sub-committee No.7: Infrastructure Requirements

July 2, 2013 550 Views 0 comment Print

his Sub-Committee shall, after considering the creation of 20,751 additional posts, 1080 additional assessment/other units, and consequent requirement of existing infrastructure, be responsible for Assessing the existing infrastructure, and infrastructure gaps in the Department. Working out and recommending arrangements to meet the interim requirements of infrastructure based on the creation, deployment and filling of posts in various Regions until the long term arrangements are made. Recommending long term infrastructure requirements to dovetail with the plan for location and phasing of posts and offices, Working out the requirements of other supporting infrastructure for the offices and Preparing an infrastructure plan with its implementation schedule and financial implications.

Implementation of Cadre Restructuring in Income Tax Department : Constitution of Sub-committee No.6 : Recruitment Rules for Group B & C Cadres

July 2, 2013 1624 Views 0 comment Print

This Sub-Committee No. 6 known as the Sub-committee on RRs for Group B & C Cadres shall be responsible for the following: identifying requirements for amendments in RRs as a result of restructuring and the Model RRs, examining the issue such as the merger of posts like STA, Steno Gr 1. OS as Executive Assistant, and the consequent changes in promotion channels; and making recommendations for suitable amendments in the RRs. examining recruitment/promotion related problems in these posts faced in different regions, and recommend any required amendment in the RRs resolve the same.

Implementation of Cadre Restructuring proposals Income Tax Department : Constitution of Sub-committee No.5 : IRS Recruitment Rules

July 2, 2013 526 Views 0 comment Print

5. This Sub-Committee shall: look into the existing issues in the RRs for IRS recommend RRs for the new scales/posts in accordance with the model RRs, and considering RRs of other Services with Apex Scale in their cadre prepare consolidated RRs taking into account the amendments already proposed, and amendments required as a result of Cadre Restructuring, and assist in the speedy amendment of the RRs for the IRS

Implementation of the Cadre Restructuring proposals in Income Tax Department : Constitution of Sub-committee No.4 : Recruitment of Group B & C Cadres and Training Needs

July 2, 2013 466 Views 0 comment Print

This Sub-Committee shall be responsible for looking into the process of filling up all the direct recruitment posts in Group B and Group Cadres preparation and implementation of a training plan for the newly recruited personnel in consultation with the NADT/RTIs/CCIT CCAs(for MSTUs) and training institutions recommending the methodology and time frame for filling up of vacant posts in the Promotion quota.

Implementation of Cadre Restructuring in Income Tax Department : Constitution of Sub-committee No.3: Restructuring of Directorates

July 2, 2013 376 Views 0 comment Print

5. This Sub-Committee shall be responsible for making recommendations on the implementation of proposals made by the departmental Cadre Restructuring Committee regarding the staff in the attached directorates establishment of newly created Directorates making recommendations on the issue of inter-se seniority after merger of cadres making recommendations on specific issues relating to distribution/allocattion of posts and manpower relating to certain directorates such as Investigation in UP, NADT etc. making recommendations for the implementation of restructuring of other Cadres

Implementation of the Cadre Restructuring proposals in Income Tax Department : Constitution of Sub-committee No. 2: DPCs

July 2, 2013 336 Views 0 comment Print

The responsibilities of the Sub Committee will be: to ensure early DPC for promotion to the concerned post facilitate/carry out vacancy analysis ensure preparation of a proper panel ensure availability of all the necessary clearances

Implementation of the Cadre Restructuring proposals in Income Tax Department : Constitution of Sub-committee No.1: Jurisdiction & Deployment of Posts

July 2, 2013 394 Views 0 comment Print

This Sub-Committee No. I known as Sub-committee for Jurisdiction and Deployment of posts shall be responsible for recommending the setting up of various offices along with their jurisdiction in accordance with the approved proposals. The Sub-committee shall recommend the Regions/Charges/ places where the additional posts/officers/officials can be deployed, and their likely jurisdiction keeping in mind the need:

Order No. 119 of 2013 (Transfer & Posting in the grade of CITs/DITs)

July 1, 2013 955 Views 0 comment Print

ORDER NO. 119 of 2013 Consequent upon Orders No. 106 & 109 of 2013, the following transfers/postings in the grade of Commissioner / Director of Income Tax are hereby ordered with immediate effect and until further orders:

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